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Trade balance France October -7.51 billion euros against -6.78 billion euros previously

  • Before -6.78 billion euros; revised to -6.94 billion euros

The trade deficit widened slightly in October, due to a 2.6% jump in exports and a 3.5% increase in imports during the month.

The good news is that exports have grown steadily since the start of the year, but the increasing trade deficit is not really a good sign, not helped by higher commodity prices mainly. In volume terms, both exports and imports have increased rather weakly since the start of the year, ie + 1.1% and + 0.9% respectively.


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