France’s March trade deficit EUR8.00 bln (expected deficit of EUR9.30 bln; last deficit of EUR9.30 bln). March Current Account surplus EUR1.40 bln (expected deficit of EUR3.30 bln; last deficit of EUR1.50 bln)
French Finance Minister Le Maire said that power price caps will be phased out by the end of 2024.
Fertilizer manufacturer K+S lowered its guidance due to lower than expected prices in the agriculture segment.