BRASILIA (Reuters) – Brazil’s federal tax revenue fell to 115.99 billion reais ($20.7 billion) in July, the federal tax service said on Thursday, down 17.7% in real terms on the same month last year and the lowest take for that month since 2009.
It was slightly less than the 116.5 billion reais forecast in a Reuters poll of economists, and brought the total tax take in the first seven months of the year to 781.96 billion reais, down 15.2% and the lowest for a January-July period since 2009, the revenue service said.
(Reporting by Jamie McGeever; Editing by Chris Reese)