Foreign trade and import prices

Istat presents data on Italy’s foreign trade as well as unit value and volume indices (base year 2010=100) referring to November 2016.

• In November 2016 seasonally-adjusted data, compared to October 2016, increased by 2.2% for outgoing flows and by 1.7% for incoming flows. Exports increased for both EU countries (+1.2%) and non EU countries (+3.4%). Imports grew for EU zone (+2.0%) and for extra EU zone (+1.4%). During the quarter September-November, seasonally-adjusted data, in comparison with the previous quarter, exports increased by 0.9% and imports by 1.2%.
• In November 2016, compared with the same month of the previous year, exports and imports increased (+5.7% and +5.6% respectively). Outgoing flows increased by 5.7% for EU countries and by 5.6% for non EU countries. Incoming flows increased by 8.1% for EU area and by 1.6% for non EU area. The trade balance in November amounted to +4.2 billion Euros (+0.2 billion
  Euros for EU area and +4,0 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 November 2016 the total import price index remained unchanged with respect to the previous month (the index increased by 0.1% for the euro zone and stayed unchanged for the non-euro zone); the total twelve-month rate of change decreased by 0.3% (respectively decreased by 0.3% for the euro zone and by 0.1% for the non-euro zone).

The quarterly total index increased by 0.7% compared with the previous period, by 0.4% for the euro zone and by 1.1% for the non-euro zone.