French Trade and Current Account Deficits Narrow
PARIS--France's current account and trade deficits narrowed in August as the country's exports strengthened, statistics showed Friday.
France's goods trade deficit fell to 4.5 billion euros ($5.3 billion) in August from EUR5.9 billion in July on higher exports of aeronautical equipment, industrial machinery and agricultural output, the country's customs office said.
France's current account deficit--which also measures flows of services and revenues--fell to EUR1.5 billion in August, from EUR4.3 billion in July, the Bank of France said. The services surplus rose to EUR800 million from EUR100 million in July.
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October 06, 2017 03:16 ET (07:16 GMT)Copyright (c) 2017 Dow Jones & Company, Inc.