Italy's trade balance with countries outside the European Union fell into a deficit in July compared to a large surplus in the same month a year ago, data showed on Thursday.
Statistical office Istat said a trade deficit of EUR 125 million was recorded, in sharp contrast to the EUR 1.4 billion surplus in July 2009.
Exports to non-E.U. countries increased 16.7% from a year ago, while imports jumped 32.1%. On a month-over-month basis, exports were broadly stable, while imports climbed 0.9%.
In the January to July period, exports rose 13.8%, while imports climbed 23.2% compared to the same period a year ago.
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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.