FRANCE DATA: June current account deficit widened to E4.9 bln from
E4.0 bln in May (revised from -E4.1 bln)
– Bigger merchandise goods shortfall (-E6.3 bln vs -E5.7 bln) and
– Smaller services surplus (+E1.5 bln vs +E1.9 bln).
– Revenues surplus stable (+E2.9 bln
– Transfers deficit also stable (-E3.0 bln)
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