FRANCE DATA: August current account deficit rebounded to E4.0 bln from
E2.6 bln in July (revised from -E2.5 bln)
– Bigger merchandise goods shortfall (-E5.7 bln vs -E4.3 bln) and
– Smaller revenues surplus (+E2.7 bln vs +E2.8 bln) offset
– Bigger services surplus (+E2.1 bln vs +E2.0 bln).
– Transfers deficit stable (-E3.1 bln)