ROME (dpa-AFX) - Italy's non-EU trade surplus declined in June as growth in imports outpaced the increase in exports, data from the statistical office ISTAT showed on Tuesday.
The non-EU trade surplus fell to EUR 5.4 billion from EUR 6.1 billion in the same period last year.
Excluding energy, the surplus totaled EUR 9.3 billion compared to a EUR 9.7 billion surplus in the same period last year.
Overall exports logged an annual growth of 4.7 percent, reversing a 4.6 percent drop in May. At the same time, imports rebounded 10.0 percent in June after a 3.4 percent fall.
Month-on-month, exports advanced 6.0 percent, in contrast to the 3.0 percent decrease a month ago. Likewise, imports climbed 5.1 percent after falling 7.3 percent in May.
Consequently, the trade surplus rose to a seasonally adjusted EUR 4.9 billion from EUR 4.4 billion in May.
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