Italy's exports to non-EU27 countries rises by 8.8% YoY in Aug

In seasonally-adjusted terms, exports in August rose by 7.1 per cent month on month (MoM) and imports by 3.8 per cent MoM.

Over the last three months, seasonally-adjusted data compared with the previous three months showed a 1.3 per cent increase in outgoing flows and a 5.7 per cent decrease in incoming flows.

Italy’s trade balance with non-EU27 countries in August registered a surplus of €3,061 million compared to a deficit of €7,762 million in August last year. Excluding energy, the surplus was equal to €8,156 million—up compared with a €4,075-million surplus in August last year, Istat said in a note.

The complete results of the survey on total foreign trade in August this year will be disseminated on October 18.

ALCHEMPro News Desk (DS)