Paris, June 8, (dpa-AFX/GNA) – France’s foreign trade deficit increased slightly in April, data published by customs office revealed on Tuesday.
The trade deficit widened to EUR 6.24 billion euros (7.58 billion dollars) in April from 6.14 billion euros in March. In the same period last year, the shortfall was 4.54 billion euros.
Both exports and imports grew 1.6 percent on a monthly basis in April. Year-on-year, exports advanced 17.4 per cent and imports climbed 21 percent.
Elsewhere, data released by Bank of France showed that the current account deficit narrowed notably to 1.4 billion euros in April, from 2.7 billion euros in March.
The shortfall on goods trade decreased to 4 billion euros, from 4.4 billion euros, and the surplus on services advanced to 2.7 billion euros, from 1.8 billion euros.
The deficit on primary and secondary income remained unchanged at 0.1 billion euros.
In the financial account, the direct investment balance was stable, whereas capital inflows for portfolio investment decreased in April.
GNA