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flag Italy’s current account surplus rose in Dec. 2025, but euro area’s full-year surplus fell due to income and services deficits.

flag Italy's current account surplus rose to €3.1 billion in December 2025 from €2.5 billion a year earlier, driven by a stronger primary income surplus, though the services and secondary income deficits widened. flag The euro area's current account surplus grew in December, with the primary income deficit narrowing significantly, but the full-year surplus declined to €255 billion in 2025 from €407 billion in 2024, due to a shift from a primary income surplus to a deficit, reduced services surplus, and a larger secondary income deficit, despite a strong goods trade surplus.

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