FX.co ★ Italian Current Account Surplus Narrows in February

In February 2025, Italy's current account surplus reduced to €1,604 million, a decline from the €2,100 million recorded in the same month the previous year. This change was largely driven by a decrease in the goods surplus, which fell to €5,359 million from €6,657 million. Concurrently, the secondary income deficit expanded to €1,832 million, up from €1,649 million. Meanwhile, the gap in services narrowed to €1,718 million compared to €1,952 million, and the primary income shortfall shrank to €204 million from €956 million.