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- Italian trade balance surplus lower than expected in Feb
Italian trade balance surplus lower than expected in Feb
In February 2017 seasonally-adjusted data, compared to January 2017, decreased by 2.0% for outgoing flows while increased by 1.3% for incoming flows. The decrease of exports is the result of an increase for EU countries (+0.3%) and a decrease for non EU countries (-4.7%). The increase of imports is the result of an increase for EU countries (+2.5%) and a drop for non EU countries (-0.4%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed a growth of 3.7% for exports and of 5.6% for imports.
In February 2017, compared with the same month of the previous year, exports and imports increased (+2.3% and +9.1% respectively). Outgoing flows increased by 1.3% for EU countries and by 3.6% for non EU countries. Incoming flows increased by 7.3% for EU area and by 11.9% for non EU area. The trade balance in February amounted to +1.9 billion Euros (+0.2 billion Euros for EU area and +1,7 billion Euros for non EU countries).
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