*Spain Aug Exports Up 31.7% Y/Y, Imports +42.6%

*Spain Aug Trade Deficit EUR 7.94 Bln Vs. EUR 3.88 Bln Last Year

*Italy Aug Imports +59.1% On Year Vs. +44.6% In July

*Italy Aug Exports +24.8% On Year Vs. +18.4% In Juy

*Italy Aug Trade Deficit EUR 9.569 Bln Vs. +EUR 1.015 Bln In Last Year, Consensus -EUR 500 Mln