Connect with us

Hi, what are you looking for?

Capital Business
Capital Business


French official trade deficit deepens

PARIS, Aug 7 – The French trade balance showed an increased deficit in June of 4.008 billion euros from 3.137 billion in May, adjusted data from the customs service showed on Friday.

In the 12 months to the end of June, the cumulative balance showed a deficit of 52.926 billion euros (76.052 billion dollars).

In June, exports totalled 27.441 billion euros, a slight fall from the figure in May owing mainly to a reduction in the number of aircraft exported from an unusually high figure in May.

In the last three months, exports fell by 1.7 percent from the level in the the first quarter of this year.

In June, imports amounted to 31.449 billion euros, a slight increase from the figure for May. In the last three months, they fell by 4.5 percent.

In the last quarter, both exports and imports fell by more than 20 percent from the figure in the same period of last year, reflecting the effects of the global economic crisis.

Click to comment

More on Capital Business

Executive Lifestyle

NAIROBI, Kenya, Mar 12 – The country’s super wealthy individuals are increasing their holding of bonds, gold and cash, a new report by Knight...

Ask Kirubi

NAIROBI, Kenya, Mar 9 – Businessman and industrialist Dr. Chris Kirubi has urged members of the public to exercise extreme caution when making any...

Ask Kirubi

NAIROBI, Kenya, Mar 24 – Businessman and industrialist Dr. Chris Kirubi is set to own half of Centum Investment Company PLC, following a go-ahead...

Ask Kirubi

It is without a doubt that the COVID-19 pandemic has caught the whole world by surprise. Although its full impact is yet to be...


NAIROBI, Kenya, Mar 18 – Commercial Banks have been ordered to provide relief to borrowers on their personal loans, with loans eligible from March...


NAIROBI, Kenya, Jun17 – Kenya’s tea leaves manufacturer Kericho Gold, has been awarded the Superbrands Seal by Superbrands East Africa for their quality variety...


NAIROBI, Kenya, Apr 13 – As the local telecommunications industry gears up to roll out 5G networks in the country, the Communications Authority of...


NAIROBI, Kenya, Mar 22 – Airtel Kenya is offering free internet access for students in order to enable continued learning at home in the...