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- Italian trade balance surplus rose more than expected in November
Italian trade balance surplus rose more than expected in November
In November 2018 seasonally-adjusted data, compared to October 2018, decreased both for outgoing flows (-0.4%) and for incoming flows (-2.2%). Exports drop for EU countries (-1.3%) and rose for non EU countries (+0.6%). Imports fell both EU countries and non EU countries (-2.8% and -1.3% respectively).
Over the last three months, seasonally-adjusted data, compared to the three months earlier, showed a decrease for exports (-0.5%) and an increase for imports (+1.0%).
In November 2018, compared with the same month of the previous year, exports and imports raised (+1.0% and +3.4% respectively). Outgoing flows increased by 1.4 for EU countries and by 0.4% for non EU countries. Incoming flows rose by 10.1% for non EU area and declined by 0.7% for EU area. The trade balance in November amounted to +3,843 million Euros (+3,330 million Euros for non EU area and +513 million Euros for EU countries).
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