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Italy posted a current account surplus of EUR 3.6 billion in February 2026, up sharply from EUR 1.1 billion in the same month a year earlier. This marked the largest surplus since July 2025 and was supported by a wider goods surplus (EUR 4.9 billion vs. EUR 4.5 billion in February 2025) and a strong increase in the primary income surplus (EUR 1.1 billion vs. EUR 0.2 billion). In addition, the services deficit narrowed to EUR 0.6 billion from EUR 1.6 billion a year earlier, while the secondary income deficit eased slightly to EUR 1.8 billion from EUR 1.9 billion.