Italy’s trade surplus widens – Istat

Italy’s trade increased by 3.0% for exports and decreased by 0.3% for imports in July 2013, compared with the same month of 2012, according to the Italian national institute of statistics Istat.

This result pushed the Italian trade surplus up to €5.948bn, up from €4.733bn a year ago.

Italy’s Istat has released data on Italy’s foreign trade as well as unit value and volume indices (base year 2010=100) referring to July 2013.

In July 2013 seasonally-adjusted data showed a decrease for exports (-2.3%) and an increase for imports (+0.4%) compared with the same period last year.

Exports decreased for both EU market (-2.5%) and non EU market (-2.0%), according to Istat’s report.

Looking at imports, growth came as a result of an increase of trade with non EU countries (+1.6%) and of a decrease of trade with EU countries (-0.6%).

Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed an increase of 0.9% for outgoing flows and a drop of 0.2% for incoming flows.

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