France, current account deficit in january 2025
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France's current account balance showed a deficit of €2.2 billion in January 2025, reversing the surplus of €2.6 billion recorded in December. The data, released by the Banque de France, was slightly higher than the preliminary estimate of €2.4 billion.
At the same time, the French Customs Office reported a trade deficit of €6.5 billion for January, worsening from the €3.5 billion deficit in December. This was also worse than the expected €4.1 billion deficit.
Exports fell to €49.8 billion from €52.2 billion, while imports rose to €56.4 billion from €55.7 billion in the previous month.
The return to a deficit in the current account and the worsening trade balance highlight a challenging economic environment for France, with declining exports and rising imports potentially impacting short-term growth. Experts will closely monitor developments in the coming months.
At the same time, the French Customs Office reported a trade deficit of €6.5 billion for January, worsening from the €3.5 billion deficit in December. This was also worse than the expected €4.1 billion deficit.
Exports fell to €49.8 billion from €52.2 billion, while imports rose to €56.4 billion from €55.7 billion in the previous month.
The return to a deficit in the current account and the worsening trade balance highlight a challenging economic environment for France, with declining exports and rising imports potentially impacting short-term growth. Experts will closely monitor developments in the coming months.