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Italy's trade surplus highest in 22 years

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Staff writer | Tuesday January 26, 2016 8:32AM ET
Italy street market
Europe   5.9 billion euros in December

Italy's December trade surplus with non-EU countries reached 5.9 billion euros in December.




This is the highest trade surplus since January 1993, more than 22 years previously, Istat said Monday. Exports to non-EU countries were up 0.9% in December while imports were 2.9% down, Istat said.

On an annual basis, exports in December were 4.1% up in terms of raw data or 1.2% up when the effects of the calendar were factored in.

 
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