France's central state budget deficit was wider in the first four months of 2017 than in the same period a year earlier, as rising spending out-paced revenue increases, statistics showed Friday.
France's central state budget deficit--which doesn't include the accounts of local authorities and social security--was 57.9 billion euros ($63.2 billion) at the end of April, the budget ministry said. It stood at EUR56.5 billion at the end of April 2016.
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The budget ministry said the balance at the end of April isn't representative of the outlook for state finances. State auditor the Cour de Comptes is due to publish a report in July on France's finances and whether the country will meet its target of bringing the overall deficit within 3% of economic output this year.
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(END) Dow Jones Newswires
June 09, 2017 03:17 ET (07:17 GMT)