France January trade balance -€4.20 billion vs -€4.94 billion expected

Latest data released by INSEE - 8 March 2019

  • Prior -€4.65 billion; revised to -€3.57 billion
  • Current account balance +€0.9 billion
  • Prior -€1.1 billion; revised to -€0.1 billion

Despite a lower deficit than expected, exports fell by 1.0% on the month while imports rose by 0.4% and that continues to underscore some weakness in export demand for the Eurozone region as we begin the year. Nothing much else of note to gather from the release here.

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