Italy's trade balance turned to a surplus in January from a deficit in the previous year as imports fell faster than exports, the statistical office ISTAT reported Friday.
The trade balance showed a surplus of EUR 1.1 billion in January versus a shortfall of EUR 288 million in the corresponding month last year. In December, it was a surplus of EUR 6.0 billion.
For comments and feedback contact: editorial@rttnews.com
Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.