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- Italian trade balance surplus better than expected in July
Italian trade balance surplus better than expected in July
In July 2017 seasonally-adjusted data, compared to June 2017, decreased by 1.4% for outgoing flows and increased by 0.9% for incoming flows. Exports decreased for non EU countries (-1.8%) and for EU countries (-1.1%). Imports increased for EU countries (+2.4%) and decreased for non EU countries (-1.4%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed a stationary growth for exports and an increase of 1.0% for imports.
In July 2017, compared with the same month of the previous year, exports and imports increased (+5.1% and +10.5% respectively). Outgoing flows increased by 6.2% for EU countries and by 3.8% for non EU countries. Incoming flows increased by 12.1% for EU area and by 8.2% for non EU area. The trade balance in July amounted to +6,560 million Euros (+4,532 million Euros for non EU area and +2,028 million Euros for EU countries).
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