According to the French Customs, France’s trade deficit widened to €5.18 billion in February from €3.91 billion in January, missing expectations for a decline to a deficit of €3.8 billion. January’s figure was revised down from a deficit of €3.70 billion.
The increase in deficit was driven by lower imports and higher imports. Exports decreased 0.2% in February, while imports were up 2.8%.
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