India, Oct. 20 -- Italy's current account surplus increased in August from the previous year, the Bank of Italy reported Tuesday. The current account surplus rose to EUR 2.77 billion from EUR 2.31 billion in the corresponding month last year.

The goods trade surplus increased to EUR 2.3 billion from EUR 2.1 billion. Meanwhile, the surplus in services trade shrank to EUR 0.6 billion from EUR 0.7 billion.

The primary income balance showed a surplus of EUR 1.8 billion versus EUR 1.3 billion a year ago. On the other side, the shortfall in the secondary income widened to EUR 1.95 billion from EUR 1.87 billion.

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