France's trade deficit narrowed sharply in January largely due to a notable fall in imports, data from the customs office revealed on Tuesday.
Exports posted a monthly growth of 0.7 percent in January. At the same time, imports declined 3.6 percent from December.
The trade deficit narrowed to EUR 1.84 billion from EUR 4.29 billion in December. In the same period last year, the deficit totaled EUR 6.75 billion.
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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.