The Limited Times

Now you can see non-English news...

The reasons for the historic trade deficit posted by France

2022-08-05T17:12:23.575Z


DECRYPTION - The surge in oil and gas has widened the half-year negative balance to 71 billion euros.


It was to be expected, but the disappointment and concerns are no less great.

Over the first six months of the year, the French trade deficit on goods widened to 71 billion euros, according to figures released Friday by customs.

An unprecedented amount that sweeps away the peak - already without recent measure - of 51 billion euros recorded in the previous half.

A “very sensitive”

and not really

“exciting”

degradation ,

conceded in a half-word the new Minister Delegate for Foreign Trade, Olivier Becht.

Especially since, in the month of June alone, the trade deficit plunged by 13.3 billion euros, a new monthly record.

This suggests an intensification of the difficulties in the coming months.

Read also

How the blockade of Taiwan weighs on the world economy

This situation is largely attributable to the energy bill, which has literally skyrocketed.

The war in Ukraine has indeed led to a surge in the prices of hydrocarbons as well as raw materials…

This article is for subscribers only.

You have 72% left to discover.

Cultivating your freedom is cultivating your curiosity.

Keep reading your article for €0.99 for the first month

I ENJOY IT

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-08-05

You may like

News/Politics 2024-02-07T19:43:49.026Z

Trends 24h

News/Politics 2024-03-28T06:04:53.137Z

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.