mercredi 8 avril 2015

French Feb Trade Deficit Narrows Unexpectedly

The French trade deficit decreased unexpectedly in February, as exports rose faster than imports, figures from the customs office showed Wednesday.



The foreign trade deficit shrank to EUR 3.4 billion in February from EUR 3.7 billion in the previous month. The deficit was forecast to increase to EUR 3.8 billion.



Exports climbed 1.4 percent in February from the previous month, reversing a 2.5 percent decline in January.



Similarly, imports rose 0.6 percent monthly in February, in contrast to a 1.3 percent decrease in the preceding month.



On an annual basis, exports increased 2.6 percent in February, while imports dipped by 1.3 percent.

French Feb Trade Deficit Narrows Unexpectedly

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