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17.10.2016 08:07

Italian August trade balance declines significantly - Istat

In August 2016 seasonally-adjusted data, compared to July 2016, raised for both flows: +2.6% for exports and +4.4% for imports. Exports increased by 3.9% for EU countries and by 0.9% for non EU countries. Imports grew by +5.7% for non EU countries and by 2.5% for EU countries. During the quarter June-August 2016, seasonally-adjusted data, in comparison with the previous quarter, increased by 1.1% for exports and by 2.7% for imports.

In August 2016, compared with the same month of the previous year, exports increased by 11.4% and imports by 9.4%. Outgoing flows grew by 11.8% for EU countries and by 11.0% for non EU countries. Incoming flows increased by 12.8 for EU area and by 5.2% for non EU area. The trade balance in August amounted to +2,5 billion Euros (+0,4 billion Euros for EU area and +2,1 billion Euros for non EU countries).

The import price index measures the evolution of prices for industrial products bought by industrial and commercial enterprises in Italy, both in the euro zone and the non-euro zone. Since March 2010 indices are compiled in the reference base 2010.

In August 2016 the total import price index stayed unchanged with respect to the previous month (the index stayed unchanged both in euro zone and in non-euro zone); the total twelve-month rate of change decreased by 2.5% (respectively decreased by 1.5% for the euro zone and by 3.3% for the non-euro zone).

The quarterly total index increased by 1.0% compared with the previous period, by 0.4% for the euro zone and by 1.6% for the non-euro zone.

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