Italy's current account surplus increased notably in March from the previous year, the Bank of Italy reported Thursday.The current account surplus rose to EUR 1.75 billion from EUR 0.28 billion in the corresponding month last year.The goods surplus decreased somewhat to EUR 3.75 billion from EUR 3.76 billion. Meanwhile, the deficit in services trade narrowed to EUR 1.9 billion from EUR 2.1 million...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.