Trade Balance non-EU
economic
Updated: 25 Nov, 10:00 am UTC
Deviation
0.009000000000000341%
Consensus
-
Previous
-5.44%
Actual*Revised
-5.431%* Description
Source: Italy
The Trade Balance released by the National Institute of Statistics is a balance between exports and imports of total goods and services. A positive value shows trade surplus, while a negative value shows trade deficit. It is an event that generates some volatility for the Euro. If a steady demand in exchange for Italian exports is seen, that would turn into a positive growth in the trade balance, and that should be positive (or bullish) for the common currency.