Plus   Neg

France's Trade Deficit At 8-Month Low

The French trade deficit narrowed to an eight-month low in August due to an acceleration in exports amid a decline in imports, the customs office said Friday.

The trade deficit declined to EUR 4.5 billion in August from EUR 5.9 billion in July.

This was the lowest since December 2016, when the shortfall was EUR 3.4 billion. The expected deficit was EUR 5.4 billion.

Exports rose to EUR 39.8 billion from EUR 39.3 billion in previous month. The increase was largely driven by shipment of aeronautical and space equipment.

Meanwhile, imports fell to EUR 44.3 billion from EUR 45.1 billion in July.

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

Economic News

What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.

Follow RTT