- Prior -€3.9 billion; revised to -€3.5 billion
The French trade deficit widened slightly in January with exports falling by 4.5% on the month while imports rose by 1.2% on the month. In case you missed the December report, the French trade deficit narrowed in 2024 to €81.0 billion and that was half of what it was of the record deficit level in 2022 of €162.6 billion. We’ll see if there will be further improvements this year or if Trump’s tariffs will also bite at trade conditions later in the year.
This article was written by Justin Low at www.forexlive.com.
