Italy's foreign trade surplus decreased somewhat in May from a year ago as exports fell more than imports, the statistical office ISTAT reported Wednesday.
The trade surplus dropped to EUR 6.16 billion in May from EUR 6.38 billion in the corresponding month last year. In April, the surplus was EUR 2.45 billion.
On an annual basis, exports logged a renewed decline of 1.9 percent versus a 0.5 percent rise in April. Similarly, imports fell 1.7 percent after growing 5.5 percent in the previous month.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.