View full page at forexfactory.com

 

In monthly data, France's foreign merchandise trade balance is: -6.7 billion euros

From finances.gouv.fr

Exports, which began to recover since June 2020, have grown at a more moderate pace since the start of 2021. In August 2021, they were stable in value over the month and amounted to 98% of their average amount. of 2019. Import growth is more pronounced. Imports thus slightly exceeded their average value in 2019 in August 2021. This finding can be explained in particular by the sharp rise in the import prices of raw materials and industrial products observed since the start of the year. Under the effect of the marked growth in imports, the deficit increased significantly and amounted to 7.0 billion euros, a level much ... (full story)

Story Stats

  • Posted:
  • Category: Low Impact Breaking News