Italy’s balance of trade showed a significant decline, with the actual figure at €2.05 billion, down from the previous €7.83 billion. This represents a sharp drop of €5.78 billion, indicating a marked decrease in trade surplus.
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The actual result fell substantially short of the analyst estimate of €7.55 billion, which may lead to negative sentiment in the stock market. Export-oriented sectors and companies with significant international exposure are likely to react adversely. The impact is expected to be more sentiment-driven in the short term, as investors reassess trade dynamics and potential policy adjustments.