ROMA (ITALPRESS) – In the 12 months concluded in June 2026 the current account recorded a surplus of 30,4 billion euros (equal to 1.3 percent of GDP); in the same period of the year before the surplus had been pairs to 20,7 billion (0.9 percent of GDP). The improvement contributed to the increase in commodity surplus (54.6 billion, from 47.7) and the surplus return of the primary income component (4.0 billion, from -2.5); instead the deficit of services (-8.0 billion, from -5.7) and that of secondary income (-20.2 billion, from -18.8) has worsened. The Bank of Italy, which today published statistics on balances of payments and patrimonial position on foreign countries, updated with data relating to June 2026.
The financial account recorded net acquisitions of net foreign assets for EUR 18.4 billion (compared to EUR 44.7 billion in the same period of the previous year). The positive balances of direct investment (23.6 billion), “other investments” (31.7 billion) and official reserves (5.4 billion) were only partly offset by negative balances of portfolio investments (-38.4 billion) and derivatives (- 3.9 billion).
Also in June, the foreign activities of residents in Italy grew by 27.9 billion. The increase involved almost all components, in particular “other investments” (12.7 billion), portfolio investments (10.1 billion), foreign direct investment (5.6 billion) and official reserves (0.8 billion); only derivatives registered a negative balance (-1.3 billion). Finally, Bankitalia concludes, Italy’s foreign liabilities increased by 30.6 billion, in relation to the relevant foreign purchases, amounting to 58.0 billion, of Italian portfolio securities (including 38.7 public bonds, the highest monthly value since the 1990s); to a lesser extent, also direct investments in Italy grew (5.4 billion). The “other investments” fell by 32.8 billion, mainly due to the reduction of the debt balance on TARGET (22.9 billion).
– Photo Ipa Agency –
(ITALPRESS).
