RTTNews - French current account deficit narrowed slightly to EUR 3.1 billion in April from EUR 3.2 billion deficit in March, the Bank of France said Friday.

Trade deficit contracted to EUR 4.4 billion deficit from EUR 4.7 billion shortfall in the previous month, while the surplus in services trade shrank to EUR 1.1 billion from EUR 1.2 billion.

The balance on capital account was a surplus of EUR 0.2 billion in April, up from a zero balance recorded in previous two months. Meanwhile, the balance on financial account turned to a deficit of EUR 16.2 billion from a surplus of EUR 39.6 billion in March.

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