Italy's current account surplus increased in June from the previous year, the Bank of Italy reported Wednesday.
The current account surplus rose to EUR 5.74 billion from EUR 3.90 billion in the corresponding month last year.
The goods trade surplus increased to EUR 5.53 billion from EUR 5.18 billion. Similarly, the surplus in services trade climbed to EUR 1.74 million from EUR 1.17 million.
The primary income balance showed a deficit of EUR 138 million, down from EUR 1.17 billion. Meanwhile, the shortfall on secondary income widened to EUR 1.4 billion from EUR 1.3 billion.
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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.