India, Feb. 17 -- Italy's trade surplus rose to a five-month high in December on a rebound in exports, the statistical office ISTAT reported Monday.
The trade surplus totaled EUR 5.98 billion compared to a EUR 3.99 billion surplus in the previous month. This was the highest surplus since July. In December 2023, the surplus was EUR 5.33 billion.
On a yearly basis, exports logged a growth of 2.9 percent, reversing November's 2.6 percent decrease. Likewise, imports climbed 1.7 percent after falling 2.7 percent in November.
The trade with EU resulted in a deficit of EUR 1.86 billion compared to a EUR 2.04 billion shortfall in November. The decline was driven by a 1.4 percent rise in exports and a 2.4 percent fall in imports.
Data showed tha...