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Italy's May energy deficit reaches 5.7 billion euros
The energy balance deficit for Italy increased to 5.7 billion euros in May, compared to 3.457 billion euros a year earlier, due to rising energy import costs. This led to a decline in the overall trade balance surplus, which reached 4.793 billion euros compared to 6.103 billion euros last year. Conversely, exports and imports of non-oil goods improved, with the trade surplus rising from 9.560 billion euros to 10.493 billion euros during the same period.
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