Italian exports rose 1.3 percent sequentially in May, while imports rose 0.7 percent. The nation’s exports to EU nations rose 1.7 percent, while those to non-EU nations rose 0.8 percent. Imports from EU countries rose 0.6 percent, whereas from non-EU nations by 0.7 percent. In the last three months, seasonally-adjusted data, compared to the three months earlier, rose for exports and imports. On a year-on-year basis, exports rose 8 percent, while imports rose 3.4 percent.
The total import prices index rose 0.4 percent sequentially in May. The total 12-month rate of change was up 1 percent. The quarterly total index of import prices were up 0.9 percent compared to the previous period, unchanged for the euro area and rose 1.8 percent for the non-euro area.
Italian global trade balance came in at a surplus of EUR 5.347 billion, a rise from the surplus of EUR 2.815 billion seen in the prior month.
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