Italy's current account surplus increased notably in September from the previous year, the Bank of Italy reported Wednesday.
The current account surplus rose to EUR 3.41 billion from EUR 1.55 billion last year.
The goods trade surplus climbed to EUR 2.96 billion from EUR 2.39 billion. The surplus in services trade also grew to EUR 722 million from EUR 460 million.
The primary income balance showed a surplus of EUR 1.75 billion, up from EUR 0.4 billion. Meanwhile, the shortfall on secondary income widened to EUR 2.02 billion from EUR 1.70 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.