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France’s current account deficit is €0.7 billion in December

The Bank of France released its current account data on Friday. France's current account deficit was €0.7 billion in December, down from a deficit of €1.5 billion in November. November's figure was revised down from a deficit of €1.4 billion.

The trade goods deficit narrowed to €1.1 billion in December from €2.6 billion in November, while the surplus on services fell to €0.1 billion from €0.8 billion.

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France’s trade deficit narrows to €4.53 billion in November

According to the French Customs, France's trade deficit narrowed to €3.94 billion in December from €4.53 billion in November, exceeding expectations for a decline to a deficit of €4.4 billion. November's figure was revised up from a deficit of €4.63 billion.

Exports declined 0.9% in December, while imports dropped 2.2%.

On a yearly basis, exports rose 1.8% in December, while imports gained 2.9%.

In 2015 as whole, the trade deficit fell to €45.7 billion from €58.3 billion in 2014.

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