Seasonally-adjusted Italian exports up 0.5% MoM, down 6.1% YoY in Jun

Exports increased by 1.5 per cent MoM for European Union (EU) countries and decreased by 0.5 per cent MoM for non-EU countries. Exports declined YoY for EU and non-EU countries by 7.2 per cent and 4.9 per cent respectively in June.

Imports increased by 2.6 per cent MoM for EU countries and decreased by 3.4 per cent MoM for non-EU countries. Imports fell by 9.2 per cent YoY for EU area and by 10.1 per cent YoY for non-EU area in the month, a release from Istat said.

Over the last quarter, seasonally-adjusted data, compared to the previous one, were stationary for exports and rose by 1.1 per cent for imports.

In June, Italy’s trade balance registered a surplus of €5,065 million—€1,045-million deficit for EU countries and €6,110-million surplus for non-EU countries. Excluding energy, trade balance surplus was €8,646 million.

Fibre2Fashion News Desk (DS)