The Bank of Italy released its current account data on Friday. Italy's current account surplus climbed to €5.14 billion in April from €2.85 billion in April last year.

The goods trade surplus increased to €6.04 billion in April from €4.20 billion in April last year. The services trade balance rose to a surplus of €108 million from a deficit of €2 million.

The capital account deficit increased to €127 million in April from €13 million last year, while the financial account balance surplus jumped to €7.07 billion from €3.07 billion.