French trade deficit widens in Jan. to US$8.21 billion: customs figures


AFP

PARIS–France’s trade deficit widened to 5.89 billion euros (US$8.21 billion) in January from 5.60 billion euros the previous month, seasonally adjusted figures from the customs office showed Tuesday. Markets had expected a 5.15-billion-euro deficit, according to a survey of economists polled by Dow Jones Newswires.

Unrest in north Africa and the Middle East helped spike oil prices, inflating France’s import bill by 600 million euros, the French finance ministry said on its website.