logo
  

Italy Non-EU Trade Balance Swings To Deficit

Italy non-EU trade balance swung to deficit in April from a year ago, data from the statistical office Istat showed on Friday.

The non-EU trade balance registered a deficit of EUR 2.292 billion in April versus a surplus of EUR 4.858 billion in the same month last year.

In March, the trade deficit was EUR 503 million.

Exports to EU countries increased 11.8 percent yearly in April, after a 22.2 percent growth in March.

Imports rose 59.3 percent annually in April, after a 61.0 percent increase in the previous month.

On a monthly basis, exports and imports rose by 1.9 percent and 6.4 percent, respectively.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Ice Cream maker Ben & Jerry's reportedly filed a lawsuit against parent and British consumer giant Unilever to stop the sale of its Israeli business to a local license-holder Avi Zinger. The company alleged that the decision was made without the approval of its independent board. The judge reportedly denied Ben & Jerry's application for a temporary restraining order against Unilever. J&M Foods is recalling certain Lavender Shortbread Cookies sold through department store chain Target Corp. due to undeclared allergens, the U.S. Food and Drug Administration said. These packages were erroneously packed with Chocolate Chip Cookies and do not disclose the presence of a possible allergen, such as soy or eggs. A multi-state listeria outbreak that has killed one and sickened at least 23 others has been linked to Florida -based Big Olaf Creamery brand ice cream, according to the Centers for Disease Control and Prevention or CDC. The outbreak strain has been reported from 10 states, resulting in 22 hospitalizations. One death has been reported from Illinois.
Follow RTT