Italy News

Italy's Trade Surplus Drops to €4.128 Billion in November: A Detailed Insight

Italy's trade surplus has decreased to €4.128 billion in November, indicating potential shifts in export volumes and global demand. This development raises important questions abou...

Italy's Inflation Holds Steady at 1.3%: A Closer Look at December's Economic Indicators

Italy's inflation rate remained steady at 1.3% in December, as reported by Istat. This stability mirrors November's figures, highlighting a period of economic consistency. Further ...

Italy's Public Debt Hits Record High of €3 Trillion: A Deep Dive into the Numbers

Italy's public debt has reached a record high of €3.0052 trillion in November, as reported by the country's central bank. The increase is largely due to the accumulation of Treasur...

November Sees a Slight Rise in Italy's Industrial Output Despite Yearly Decline

Italy's industrial production saw a 0.3% increase in November, with energy production leading the growth. However, compared to the previous year, there was a 1.5% decline, highligh...

Italy Rejects $1.6 Billion Satellite Internet Deal with Elon Musk's Starlink

Italy's Prime Minister's Office has denied reports of a $1.6 billion deal with SpaceX's Starlink for satellite internet services, contradicting earlier claims of an advanced agreem...

Italy's Service Sector Shows Signs of Recovery in December, But Challenges Remain

Italy's service sector saw a slight recovery in December 2024, with the HCOB Italy Services PMI rising to 50.7. However, challenges such as fragile demand conditions and reduced ex...

Italy's Non-EU Trade Surplus Reaches €5.9 Billion in November: A Closer Look

Italy's National Institute of Statistics reports a trade surplus of €5.9 billion with non-EU27 countries for November, highlighting a significant economic trend.

Italy Seeks Dialogue with Trump to Avoid US Retaliation on Web Tax

Italy's Deputy Economy Minister Maurizio Leo announces readiness to talk with Trump's incoming U.S. administration to prevent potential retaliation over Rome's domestic web tax, wh...