Italy's current account deficit narrowed sharply to EUR 1.8 billion in January 2026, from EUR 4.2 billion in the same month of the previous year. The goods account surplus widened significantly to EUR 1.2 billion from EUR 0.2 billion in January 2025, while the services deficit marginally decreased to EUR 0.9 billion from EUR 1.1 billion. Additionally, the primary income surplus slightly rose to EUR 0.5 billion in January 2026 from EUR 0.1 billion a year earlier, and the secondary income deficit fell to EUR 2.6 billion from EUR 3.4 billion.