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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 March 2016. The results of the flash estimates on extra-EU trade for February 2016 have been disseminated on April 26th.

• In March 2016 seasonally-adjusted data, compared to February 2016, decreased by 1.5% for outgoing flows and by 2.4% for incoming flows. Exports fell by 2.5% for EU countries and by 0.3% for non EU countries. Imports decreased for both: -2.7% for European countries and -2.0% for non EU countries. During the first quarter 2016, seasonally-adjusted data, in comparison with the previous quarter, showed a fall of 1.7% for exports and of 2.9% for imports.

• In March 2016, compared with the same month of the previous year, exports and imports decreased respectively by 1.1% and by 5.9%. Outgoing flows increased by 2.3% for EU countries while decreased by 5.2% for non EU countries. Incoming flows fell by 2.3% for EU area and by 11.0% for non EU area. The trade balance in September amounted to +5.4 billion Euros (+1,331 million Euros for EU area and +4,033 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 March 2010 indices are compiled in the reference base 2010.

In March 2016 the total import price index increased by 0.5% with respect to the previous month (the index decreased by 0.2% in the euro zone and increased by 1.4% for the non-euro zone); the total twelve-month rate of change decreased by 6.3% (respectively decreased by 1.6% for the euro zone and by 9.8% for the non-euro zone).

The quarterly total index decreased by 2.8% compared with the previous period, by 1.0% for the euro zone and by 4.4% for the non-euro zone.

Reference period: March 2016

Date of Issue: 17 May 2016

Next release: 20160617