India, June 13 -- Italy's foreign trade surplus decreased in April from a year ago as imports grew faster than exports, the statistical office ISTAT reported Friday.
The trade surplus dropped to EUR 2.48 billion in April from EUR 4.83 billion in the corresponding month last year. In March, the surplus was EUR 4.71 billion.
On an annual basis, exports logged an increase of 0.4 percent, much slower than March's 5.4 percent growth. Meanwhile, import growth eased slightly to 5.4 percent from 5.6 percent.
The modest trend growth of exports in value was the result of an increase for EU markets of 2.1 percent and a contraction for non-EU markets of 1.4 percent.
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