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- Italian trade balance surplus rose more than expected in December
Italian trade balance surplus rose more than expected in December
In December 2017 seasonally-adjusted data, compared to the previous month, increased both for outgoing flows (+0.6%) and for incoming flows (+3.3%). Exports increased for EU countries (+2.5%) and fell for non EU countries (-1.8%). Imports rose both for EU countries (+4.5%) and non EU countries (+1.6%). Over the last three months, seasonally-adjusted data, compared to the three months earlier, showed an increase for exports (+3.4%) and for imports (+3.3%).
In December 2017, compared with the same month of the previous year, both exports and imports increased (+2.0% and +3.7% respectively). Outgoing flows increased by 2.1% for EU countries and by 1.8% for non EU countries. The growth in purchases is due to the increase for EU area (7.4%) while non EU area decreased by 1.7%. The trade balance in December amounted to +5,253 million Euros (+6,228 million Euros for non EU countries and -974 million Euros for EU countries).
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