(The Center Square) – State sales tax revenue was $3.93 billion in December, a 10.5% increase from December 2021, Texas Comptroller Glenn Hegar said.

As the rate of consumer price inflation increased by 7.7% for the last three months ending in December 2022, total sales tax revenue in Texas increased by 11.2% compared to the same period in 2021.

Originally published on thecentersquare.com, part of the BLOX Digital Content Exchange.

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