Financial News: Italy Trade Surplus Grows In October

Italy Trade Surplus Grows In October

12/17/2024 - 06:32:00 (RTTNews)

(RTTNews) - Italy's foreign trade surplus increased in October from a year ago as exports rose faster than imports, data from the statistical office Istat showed on Tuesday.

The trade surplus rose to EUR 5.15 billion in October from EUR 4.49 billion in the corresponding month last year. That expected surplus was EUR 3.22 billion.

In September, there was a surplus of EUR 2.58 billion.

Exports rose 1.6 percent annually in October after a 2.1 percent fall in September. Outgoing flows to EU countries increased by 3.7 percent, while those to non-EU countries dropped by 0.7 percent.

Data showed that imports rose 0.4 percent annually in October, reversing a 3.1 percent fall in the prior month.

On a seasonally adjusted basis, both exports and imports slid by 1.9 percent and 0.3 percent, respectively, in October from a month ago. As a result, the trade surplus shrank to EUR 3.5 billion from EUR 4.4 billion in September.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

U.S. Consumer Sentiment Improves In Line With Preliminary Estimate In December (01 hr(s), 09 min(s), 41 sec(s) ago)
(RTTNews) - The University of Michigan released a report on Friday showing consumer sentiment in t ...Full Story»

U.S. Consumer Prices Inch Higher In November, Annual Growth Accelerates Slightly Less Than Expected (01 hr(s), 40 min(s), 41 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Slovenia Producer Prices Fall At Slower Rate (01 hr(s), 54 min(s), 41 sec(s) ago)
(RTTNews) - Slovenia's producer prices continued their declining trend in November, figures fr ...Full Story»

Croatia Jobless Rate Rises To 5.0% (02 hr(s), 09 min(s), 41 sec(s) ago)
(RTTNews) - Croatia's unemployment rate increased for the second straight month in November, f ...Full Story»

Denmark Economy Grows Less Than Estimated In Q3 (02 hr(s), 27 min(s), 41 sec(s) ago)
(RTTNews) - The Danish economy expanded less than initially estimated in the third quarter, the ...Full Story»

U.S. Consumer Prices Inch Up Slightly Less Than Expected In November (02 hr(s), 42 min(s), 41 sec(s) ago)
(RTTNews) - Consumer prices in the U.S. crept slightly higher in the month of November, according ...Full Story»

Sweden Producer Prices Rise, Retail Sales Growth Remains Stable (02 hr(s), 50 min(s), 41 sec(s) ago)
(RTTNews) - Producer prices in Sweden increased for the first time in three months in November, wh ...Full Story»

UK Retail Sales Rise Less Than Forecast (03 hr(s), 02 min(s), 41 sec(s) ago)
(RTTNews) - UK retail sales grew for the first time in three months in November but the pace of ex ...Full Story»