Financial News: Italy Trade Surplus Shrinks In February

Italy Trade Surplus Shrinks In February

04/18/2025 - 04:52:00 (RTTNews)

(RTTNews) - Italy's foreign trade surplus decreased in February from a year ago as imports grew faster than exports, the statistical office ISTAT reported Friday.

The trade surplus dropped to EUR 4.47 billion in February from EUR 6.0 billion in the previous month. In January, the trade balance showed a deficit of 288 million.

On an annual basis, exports logged a growth of 0.8 percent, slower than January's 2.6 percent increase. Likewise, import growth eased to 4.1 percent from 8.9 percent.

The overall rise in exports was drieven by more ouflows of pharmaceutical, chemical-medicinal and botanical articles and means of transport, excluding motor vehicles, the agency said.

On a seasonally adjusted basis, the trade surplus rose to EUR 4.68 billion in February from EUR 3.68 billion in January. Both exports and imports climbed 3.5 percent and 1.7 percent, respectively, compared to the previous month.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Lithuania Inflation Remains Stable, Trade Gap Widens (41 min(s), 31 sec(s) ago)
(RTTNews) - Lithuania's consumer price inflation held steady in April after rising to a 19-mon ...Full Story»

Slovakia Industrial Output Recovers In March (01 hr(s), 02 min(s), 31 sec(s) ago)
(RTTNews) - Slovakia's industrial production expanded for the first time in three months in Ma ...Full Story»

Portugal Trade Deficit Widens March (01 hr(s), 24 min(s), 31 sec(s) ago)
(RTTNews) - Portugal's trade gap increased in March from a year ago as imports grew faster tha ...Full Story»

Ireland Manufacturing Production Surges 49.1% (02 hr(s), 16 min(s), 31 sec(s) ago)
(RTTNews) - Ireland's manufacturing output growth quickened further in March, preliminary figu ...Full Story»

Czech Retail Sales Growth Improves To 3.4% (03 hr(s), 52 min(s), 31 sec(s) ago)
(RTTNews) - The Czech Republic's retail sales growth improved slightly in March after remainin ...Full Story»

Turkey Industrial Production Rebounds 2.5% (04 hr(s), 03 min(s), 31 sec(s) ago)
(RTTNews) - Turkey's industrial output expanded in March after a renewed decline in the prior ...Full Story»

Swiss Consumer Confidence Weakens To 16-month Low (04 hr(s), 22 min(s), 31 sec(s) ago)
(RTTNews) - Swiss consumer confidence decreased further in April to the lowest level in nearly one ...Full Story»

Italy Industrial Output Rises Marginally (05 hr(s), 23 min(s), 31 sec(s) ago)
(RTTNews) - Italy industrial output grew only marginally in March, data from the statistical offic ...Full Story»