According to the French Customs, France’s trade deficit widened to €3.71 billion in January from €3.68 billion in December, beating expectations for a decline to a deficit of €4.1 billion. December’s figure was revised up from a deficit of €3.94 billion.
The increase in deficit was driven by higher imports. Exports increased 0.5% in January, while imports were up 0.6%.
The post France’s trade deficit widens to €3.71 billion in January appeared first on forex-analytics.press.