PARIS: France´s trade deficit widened in May compared to the previous month, according to seasonally adjusted data published by the customs office, with the figures coming in worse-than-forecast.
The May trade deficit stood at 6.01 billion euros ($7 billion), versus a revised figure of a 5.21 billion deficit in April.
A Reuters poll of nine analysts had given an average forecast for a May deficit of 5.1 billion euros.
The French economy has started to show signs of a slowdown after initially recovering in the wake of President Emmanuel Macron´s election in May 2017, and the customs office said on Friday that lower exports in the aerospace and automobile sectors had impacted the overall deficit figure.
US President Donald Trump signs an executive order on tariffs, in the Rose Garden at the White House in Washington,...
This representational image shows a person holding gold necklaces. — AFP/FileKARACHI: Gold prices fell by Rs5,500...
Britain's Chancellor of the Exchequer Rachel Reeves delivers her Spring Statement of the budget at the House of...
A power transmission tower in Karachi on January 24, 2023. — Reuters LAHORE: A highly misunderstood issue in...
An exterior shot of cinemas in Times Square in New York, October 18, 2006. —ReutersLAS VEGAS: Movie theatre owners...
A residential area in a housing society can be seen in this picture. — AFP/FileKARACHI: Pakistan is poised to emerge...
