Unexpected Rise in French Trade Deficit

In a surprising turn of events, France's trade deficit expanded to €7.8 billion in February, up from a revised €6.5 billion in January, according to the latest report from the DSECE. This figure notably exceeded analysts' expectations, signaling potential challenges ahead for the French economy.

Export and Import Trends

Exports saw a marginal decrease of 0.03% month-over-month, totaling €49.7 billion, while imports experienced a 2.3% increase, reaching €57.5 billion. This disparity has contributed significantly to the widening trade gap.

Sector-Specific Impacts

The energy balance worsened by €0.3 billion, and the manufactured goods sector faced a €0.9 billion decline, highlighting areas of concern within the trade deficit's composition.