Italy August Non-EU Trade Surplus Decreases - ConsultFX

Italy August Non-EU Trade Surplus Decreases

Italy's trade surplus with countries outside the European Union decreased in August from a year ago, preliminary data from the statistical office ISTAT showed Tuesday.

The non-EU merchandise trade surplus fell to EUR 1.749 billion from EUR 2.527 billion in the same month last year. Exports rose 4.5 percent and imports grew 12.4 percent.

On a seasonally-adjusted basis, exports rose 3.6 percent and imports fell 0.7 percent from the previous month.

During the January to August period, the non-EU exports rose 2.6 percent and imports increased 5.6 percent,leading to a trade surplus of EUR 17.804 billion, which was less than the shortfall a year ago.


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