The Italian statistical office Istat released its trade data for Italy on Thursday. Italy' trade surplus rose to a seasonally adjusted €4.27 billion in May from €3.63 billion in April.

Exports climbed 1.5% in May, while imports fell 0.3%.

On a yearly basis, exports climbed 2.0% in May, while imports rose 0.5%.

The trade surplus with the EU was a seasonally adjusted €1.29 billion in May, while the trade surplus with non-EU countries was €2.98 billion.