Brazilian federal tax revenues reached R$102.2 billion in November, a small but telling 0.1 percent inflation-adjusted increase over the same month a year earlier, the Brazilian Tax Authority said Tuesday. It was the second month in a row to witness a rise in revenues. Government economists said the improvement could signal a return to modest but steady economic growth. Revenues for the first 11 months of the year reached R$1.162 trillion, down 3.2 percent, in inflation-adjusted terms, from the same period in 2015. Revenues were weak throughout most of the year because of a persistent economic recession.
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