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Press release

Foreign trade and Industrial import prices

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Istat presents data on Italy’s foreign trade as well as unit value and volume indices (base year 2010=100) referring to February 2016. The results of the flash estimates on extra-EU trade for February 2016 have been disseminated on 24 March 2016.

In February 2016 seasonally-adjusted data, compared to January 2016, increased by 2.5% for outgoing flows and by 0.6% for incoming flows. Exports increased for EU countries (+1.8%) and for non EU countries (+3.3%). Imports increased for both: +0.9% for European countries and +0.1% for non EU countries. During the quarter December 2015-February 2016, seasonally-adjusted data, in comparison with the previous quarter, showed a fall of 0.7% for exports and of 2.4% for imports.

>In February 2016, compared with the same month of the previous year, exports and imports increased respectively by 3.3% and by 2.4%. Outgoing flows increased by 8.3% for EU countries while decreased by 2.9% for non EU countries. Incoming flows increased by 5.5% for EU area while decreased by 2.0% for non EU area. The trade balance in September amounted to +3.9 billion Euros (+1,249 million Euros for EU area and +2,607 million Euros for non EU countries).

The import price index measures the evolution of prices for industrial products bought by industrial and commercial enterprises in Italy, both in the euro zone and the non-euro zone. Since February 2010 indices are compiled in the reference base 2010.

In February 2016 the total import price index decreased by 0.3% with respect to the previous month (the index decreased by 0.4% in the euro zone and by 0.4% for the non-euro zone); the total twelve-month rate of change decreased by 6.2% (respectively decreased by 1.1 for the euro zone and by 10.3% for the non-euro zone).

The quarterly total index decreased by 3.0% compared with the previous period, by 0.8% for the euro zone and by 4.7% for the non-euro zone.

Reference period: February 2016

Date of Issue: 15 April 2016

Next release: 17 May 2016