Foreign trade and import prices
Istat presents data on Italy's foreign trade as well as unit value and volume indices (base year 2010=100) referring to July 2017.
In July 2017 seasonally-adjusted data, compared to June 2017, decreased by 1.4% for outgoing flows and increased by 0.9% for incoming flows. Exports decreased for non EU countries (-1.8%) and for EU countries (-1.1%). Imports increased for EU countries (+2.4%) and decreased for non EU countries (-1.4%). Over the last three months, seasonally-adjusted data, in comparison with the previous three months, showed a stationary growth for exports and an increase of 1.0% for imports.
In July 2017, compared with the same month of the previous year, exports and imports increased (+5.1% and +10.5% respectively). Outgoing flows increased by 6.2% for EU countries and by 3.8% for non EU countries. Incoming flows increased by 12.1% for EU area and by 8.2% for non EU area. The trade balance in July amounted to +6,560 million Euros (+4,532 million Euros for non EU area and +2,028 million Euros for 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 July 2010 indices are compiled in the reference base 2010.
In July 2017 the total import price index decreased by 0.3 % compared to the previous month (the index decreased by 0.1% for the euro zone and by 0.5% for the non-euro zone); the total twelve-month rate of change increased by 1.8% (respectively increased by 1.6% for the euro zone and by 1.8% for the non-euro zone).
The quarterly total index decreased by 1.1% compared with the previous period and by 2.3% for the non-euro zone; as long as it increased by 0.2% for the euro zone.