France's budget deficit increased to 159.2 billion euros from January to September
智通财经2026/11/03 08:36Show original
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⑴ France's national budget deficit from January to September 2026 was 159.2 billion euros, an increase from 155.4 billion euros in the same period of the previous year, due to spending rising faster than income. ⑵ Expenditure rose 4.9% year-on-year to 404.1 billion euros, mainly driven by increases in personnel costs, operating expenses, and debt servicing costs. ⑶ Income for the same period grew by 4.1% to 275 billion euros, supported by higher tax revenues. ⑷ Net tax revenue increased by 3.9% to 250.5 billion euros, mainly driven by value-added tax and income tax collections. ⑸ Non-tax revenue also rose by 11.6% to 19.5 billion euros. ⑹ Meanwhile, the special treasury account deficit narrowed from 34.3 billion euros in the same period last year to 30.1 billion euros.
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