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FX.co ★ France Trade Gap Widens In August

France Trade Gap Widens In August

France's trade deficit widened slightly in August, data from Bank of France showed on Friday.

The trade balance posted a deficit of EUR 8.2 billion in August versus a shortfall of EUR 8.11 billion in July. In the same period last year, the trade deficit was EUR 14.75 billion.

Exports registered a monthly fall of 3.3 percent. At the same time, imports also decreased in August, down by 2.7 percent.

Year-on-year, exports advanced 1.3 percent, while imports plunged 10.0 percent, data showed.

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