Italy Nov. Current Account Deficit Narrows

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Wednesday, the Bank of Italy said in a report that the current account deficit stood at EUR 4.57 billion in November, narrowing from a EUR 4.92 billion deficit recorded a year ago.

The capital account deficit amounted to EUR 29 million in November, down from EUR 333 million surplus last year. At the same time, the financial account deficit stood at EUR 15.85 billion, smaller than the EUR 971 million surplus a year earlier.

Wednesday, the Bank of Italy said in a report that the current account deficit stood at EUR 4.57 billion in November, narrowing from a EUR 4.92 billion deficit recorded a year ago. (Market News Provided by RTTNews)