Brasília – Federal government revenue in Brazil hit BRL 119.42 billion (USD 30.8 billion) in November, the Federal Revenue Office reported this Friday (21). Year-on-year in November, the amount is down 0.27% in numbers adjusted for inflation as per the Extended National Consumer Price Index (IPCA).
Year-to-date through November, federal revenue reached BRL 1.315 trillion (USD 339.5 billion), up 5.39% from a year ago.
Considering only Federal Revenue-managed funds (such as taxes and contributions), collection came out to BRL 116.587 billion (USD 30.1 billion), down 1.01% year-on-year in November. Year-to-date through November, Federal Revenue-managed funds hit BRL 1.260 trillion (USD 325.3 billion), up 3.96%.
Translated by Gabriel Pomerancblum