Italy's current account surplus increased in April from the previous year, the Bank of Italy reported Thursday.
The current account surplus rose to EUR 2.3 billion in April from EUR 1.1 billion in the corresponding month last year.
The goods trade surplus climbed to EUR 5.0 billion from EUR 3.3 billion. At the same time, the shortfall in services trade widened to EUR 541 million from EUR 186 million.
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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.