Foreign trade and Industrial import prices

In August 2022 seasonally-adjusted data, compared to July 2022, decreased by -3.6% for outgoing flows and increased by +4.2% for incoming flows. Exports dropped by -0.5% for EU countries and by -6.9% for non EU countries. Imports grew by +6.4% for EU countries and by +2.2% for non EU countries.

Over the last three months, seasonally-adjusted data, compared to the previous three months, raised by +3.4% for exports and by +9.5% for imports.

In August 2022, compared with the same month of the previous year, both exports and imports grew (+24.8% and +59.1% respectively). Outgoing flows increased by +27.6% for EU countries and by +22.1% for non EU countries. Incoming flows rose by +36.3% for EU area and by +84.0% for non EU area. The trade balance in August 2022 amounted to -9,569 million Euros (-1,807 million Euros for EU countries and -7,762 million Euros for non EU countries).

In August 2022, import prices increased by 3.0% on monthly basis (+0.8% for the euro zone, +4.8% for the non-euro zone). Over the last three months, compared to the previous three months, import prices increased by 4.8% (+2.1% for the euro zone, +7.1% for the non-euro zone).

Import prices, compared to the same month a year ago, increased by 23.7% in August 2022 (+11.3% for the euro zone and +36.0% for the non-euro zone).