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Xinhua world economic news summary at 1100 GMT, Dec. 16

Xinhua world economic news summary at 1100 GMT, Dec. 16
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Italy Inflation Eases More Than Estimated; Trade Balance Swings To Surplus

Italy's consumer price inflation eased slightly more than initially estimated in August, while the trade balance turned to a surplus in July from a deficit in the previous year as imports fell faster than exports, separate reports from the statistical office ISTAT showed on Friday. ....

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Italy Trade Balance Swings To Surplus As Exports Surge 10.8%

Italy's foreign trade surplus turned to a surplus in February from a year ago, as exports grew more rapidly than imports, data from the statistical office Istat showed on Tuesday. ....

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