France January trade balance -€12.9 billion vs -€14.9 billion prior

  • Latest data released by INSEE - 10 March 2023
  • Prior -€14.9 billion; revised to -€14.7 billion

The French trade deficit reduced slightly further in January, as exports were seen down 2.2% but imports dropped further by 4.5% on the month. The latter likely owes much to the continued decline in energy imports, as has been the case since the latter stages of last year.

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