Italy's current account deficit decreased in January from the previous year, the Bank of Italy reported Friday.
The current account gap narrowed to EUR 1.8 billion in January from EUR 4.2 billion in the corresponding month last year.
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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.