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French First-Half Trade Deficit Widens to EU24.5 Billion, Figaro Reports

France’s trade deficit widened in the first half to about 24.5 billion euros, Le Figaro reported, citing an interview with Trade Minister Anne-Marie Idrac.

The deficit rose from 20 billion euros in the second half, primarily as a result of the increase in the price of oil, the newspaper cited her as saying. Oil price gains contributed to three-quarters of the widening of the trade gap, she said.

Exports expanded by 10 percent in the first six months compared with the year-earlier period, she was cited as saying.

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