Radyo Natin

Italy's export leaps 14.5% year-on-year in March

ROME — Italian exports increased by 14.5 percent year-on-year in March, Italy's National Institute of Statistics (ISTAT) reported on Wednesday.
Imports in the same month rose by 16.3 percent over March 2016.
Sales to China and the Association of Southeast Asian Nations (ASEAN) registered a significant growth, increasing year-on-year by 32.3 percent and 31.1 percent respectively, ISTAT pointed out.
With respect to European markets, major increases were registered in sales to Romania (25.2 percent), Poland (24.5 percent), and Spain (23.4 percent).
On a monthly basis, seasonally-adjusted data showed exports in March rose by 4.0 percent, encompassing a 6.5-percent increase in non-EU markets and a 2.1-percent increase in EU markets.
"All major industry sectors are growing, but energy (-7.6 percent)," ISTAT wrote in its monthly report.
Incoming flows were stationary in March compared with February.
The trade balance in March amounted to 5.4 billion euros (6.0 billion U.S. dollars) from 1.9 billion euros registered the previous month and 5.2 billion euros in March 2016. (1 euro = 1.11 U.S. dollars) (PNA)
Iyaz Kamias
Maja Limuyak
Valeen Kinitan

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Last Modified: 2017-Dec-12 03.13.13 UTC+0800