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Press release

Foreign trade and 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 October 2016.

  • In October 2016 seasonally-adjusted data, compared to September 2016, increased for imports (+2,7%) and were stationary for exports. Exports increased by 0.8% for EU countries while decreased by 1.1% for non EU countries. Imports grew by 2.2% for EU countries and by 3.6% for non EU countries. During the quarter August-October 2016, seasonally-adjusted data, in comparison with the previous quarter, increased by 1.4% for exports and by 2.9% for imports.
  • In October 2016, compared with the same month of the previous year, exports decreased by 2.2% and imports by 1.6%. Outgoing flows declined by 2.1% for EU countries and by 2.3% for non EU countries. Incoming flows increased by 0.9 for EU area and decreased by 5.5% for non EU area. The trade balance in October amounted to +4,3 billion Euros (+0,5 billion Euros for EU area and +3,8 billion 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 October 2016 the total import price index increased by 0.9% with respect to the previous month (the index increased by 0.2% for the euro zone and by 1.6% for the non-euro zone); the total twelve-month rate of change decreased by 0.8% (respectively decreased by 0.3% for the euro zone and by 1.2% for the non-euro zone).

The quarterly total index increased by 0.6% compared with the previous period, by 0.8% for the euro zone and by 0.4% for the non-euro zone.

Reference period: October 2016

Date of Issue: 16 December 2016

Next release: January 17th 2017