The foreign trade surplus of Italy in April fell to 2 billion 938 million euros from 4 billion 531 million euros in March, according to the statistical agency Istat. Exports amounted to 36 billion 250 million euros, increased by 6.6% in annual terms. Import increased by 9.7% to 33 billion 312 million euros. Compared to March, seasonally adjusted exports increased by 0.1%, imports - by 0.7%. Italy's trade surplus with the EU countries amounted to 1 billion 77 million euros, with countries outside the EU – to 1 billion 861 million euros. The trade balance surplus for 4 months of this year amounted to 10.5 billion euros. Exports grew by 4.1%, imports - by 4.2%.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
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