Trade Balance in Italy

Italy Trade Balance | Economic News & Forecasts

Italy - Trade Balance

GDP grew at a slightly softer rate in sequential terms in Q3, following a healthy expansion in Q2. The slowdown was mainly driven by weaker growth in private consumption and fixed investment, while government spending rebounded. Turning to Q4, available signs are mixed: Both consumer and business confidence rose above Q3’s average in October–November, boding well for private spending and fixed investment. However, despite increasing in almost every subsector, the services PMI clocked a softer improvement in conditions in the same period. Meanwhile, industrial output and retail sales both deteriorated in October, while unemployment rose. In other news, on 3 December Fitch Ratings upgraded Italy’s credit rating to ‘BBB’ from ‘BBB-’, with a stable outlook. The country’s solid economic performance and the inflow of EU funds were key factors supporting the decision.

Italy - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)46.1  54.8  54.1  46.2  -     

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Italy Trade Balance Chart


Italy Trade
Note: Trade balance (in EUR bn).
Source: Bank of Italy.

Italy Facts

Value Change Date
Bond Yield1.31-0.40 %Jan 01
Exchange Rate1.120.65 %Dec 31

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