France: widening of the trade deficit in January


© Reuters. France: widening of the trade deficit in January

The reflux of 3.9% of the exports of France, combined to an increase of 1.1% of its imports, has reduced the trade deficit of 5.6 billion euros in January 2018 from 3.4 billion the me previous, according to the data of the CVS-CJO de Bercy.

In addition, the Bank of France indicates that the current account balance deteriorated in January, with declines of 1.6 billion euros after-0.8 billion in December 2017, the widening of the goods deficit offsetting a surplus of services increased.

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