Italy's current account surplus increased in December from the previous year, the Bank of Italy reported Thursday.
The current account surplus rose to EUR 3.1 billion from EUR 2.5 billion last year.
The good surplus increased to EUR 6.0 billion from EUR 5.3 billion. At the same time, the deficit in services trade widened to EUR 2.0 billion from EUR 1.3 billion.
The primary income balance showed a surplus of EUR 1.5 billion, up from 0.8 billion a year ago. The shortfall on secondary income rose to EUR 2.5 billion from EUR 2.2 billion.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.