The Italian statistical office Istat released its trade data for Italy on Thursday. Italy' trade surplus increased to a seasonally adjusted €8.0 billion in July from €6.9 billion in June.

Exports fell 0.4% in July, while imports decreased 3.7%.

On a yearly basis, exports climbed 6.3% in July, while imports rose 4.2%.

The trade surplus with the EU was €3 billion in July, while the trade surplus with non-EU countries was €5.0 billion.