The French current account deficit in September narrowed to EUR4 billion from EUR4.2 billion in August, the Bank of France revealed Thursday. The deficit stood above the expected shortfall of EUR3.8 billion.
In September, trade in goods recorded a deficit of EUR6.4 billion, larger than August's EUR5.7 billion. On the other hand, the services surplus doubled to EUR1.6 billion from EUR0.8 billion and revenues increased to EUR2.7 billion from EUR2.6 billion in the previous month. Further, the bank said the current transfers showed a negative balance of EUR1.9 billion, the same as in August.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.