ROME. KAZINFORM - Italy's trade deficit came in at almost 10 billion euros in August, 9.569 billion to be precise, ISTAT said on Tuesday, ANSA reports.
That compares to a surplus of 1.015 billion in August 2021.
Soaring energy prices were the driving force of the increase.
The national statistics agency said the energy deficit reached an all-time high of 11.864 billion euros in August, up from 3.487 billion in the same month last year.
ISTAT said import prices were up 3% in month-on-month terms and by 23.7% compared to August 2021.
The agency said Italian exports were down by 3.6% with respect to July 2022, while imports were up 4.2%.
In year-on-year terms, exports were up by 24.8% in August while imports were up 59.1%.
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