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MNI: FRANCE DATA: Trade Balance (Apr 2019) Preview...>

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MNI: FRANCE DATA: Trade Balance (Apr 2019) Preview - 07:45 BST
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- Prev (Mar): Trade Bal: -EUR5.3bn; Exports: 1.1% m/m, 6.6% y/y; Imports: 3.6%
m/m, 5.2% y/y
- The French trade deficit widened by EUR1.2bn in Mar
- ... as an increase in energy purchases drove strong import growth... 
- ... while exports expanded at a milder pace
- For Q1 overall, exports grew by 0.8% q/q...
- ... while imports increased at more than double that rate (1.7% q/q)
- As a result, foreign trade weighed on overall GDP growth in Q1... 
- ... accounting for a negative contribution of 0.3pp

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