Market Commentary and Intraday News
France Trade Gap Narrows Sharply In July
254 days ago
(RTTNews) - The French trade deficit narrowed more than expected in July due to a fall in imports from the prior month, data released by the Directorate General of Customs and Excise showed Friday.
The deficit plunged to EUR 4.27 billion in July from EUR 6.06 billion in June. The deficit was forecast to fall to EUR 5.85 billion in July.
Exports rose to EUR 36.58 billion from EUR 36.27 billion in June. Meanwhile, imports fell to EUR 40.85 billion from EUR 42.33 billion a month ago.
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