France Current Account Deficit Largest in 4 Months

2026-08-07 07:21 By Czyrill Jean Coloma 1 min. read

France's current account deficit widened to a seasonally adjusted €1.4 billion in June 2026 from an upwardly revised €1.2 billion in the previous month.

It marked the largest shortfall since February, driven by a weaker services balance, with the surplus narrowing to €5.2 billion from €6.3 billion, while the primary income surplus edged down to €3.6 billion from €3.7 billion.

Partly offsetting the decline, the goods trade deficit narrowed to €5.3 billion from €6.3 billion.

Within goods trade, the deficit excluding energy eased to €1.5 billion from €1.7 billion, while the energy shortfall shrank to €3.8 billion from €4.6 billion.

The secondary income deficit remained unchanged at €4.9 billion.

For the first half of 2026, France recorded a cumulative current account deficit of €6.5 billion.



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France's current account deficit widened to a seasonally adjusted €1.4 billion in June 2026 from an upwardly revised €1.2 billion in the previous month. It marked the largest shortfall since February, driven by a weaker services balance, with the surplus narrowing to €5.2 billion from €6.3 billion, while the primary income surplus edged down to €3.6 billion from €3.7 billion. Partly offsetting the decline, the goods trade deficit narrowed to €5.3 billion from €6.3 billion. Within goods trade, the deficit excluding energy eased to €1.5 billion from €1.7 billion, while the energy shortfall shrank to €3.8 billion from €4.6 billion. The secondary income deficit remained unchanged at €4.9 billion. For the first half of 2026, France recorded a cumulative current account deficit of €6.5 billion.
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