Italy's current account surplus increased in May from the previous year, the Bank of Italy reported Friday.
The current account surplus rose to EUR 1.67 billion from EUR 0.93 billion in the corresponding month last year.
The goods trade surplus shrank to EUR 6.28 billion from EUR 6.49 billion. Similarly, the surplus in services trade lessened to EUR 145 million from EUR 255 million.
Meanwhile, the primary income deficit narrowed to EUR 4.05 billion from EUR 5.25 billion. The secondary income shortfall was EUR 0.71 billion versus EUR 0.57 billion last year.
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