FRANCE DATA: May current account deficit E5.5 bln after April -E5.0 bln
– Bigger merchandise goods shortfall (-E7.7 bln vs -E7.5 bln) and
– Smaller services surplus (+E0.9 bln vs +E1.3 bln) offset
– Rising revenues surplus (+E3.5 bln) vs (+E3.4 bln).
– No change in transfers deficit (-E2.2 bln)