	france reduces  deficit in february france posted a seasonally adjusted  deficit of mln francs in february after a billion franc deficit in january the finance ministry said for the first two months of this year the  deficit on a seasonally adjusted basis was billion francs unadjusted the february deficit was billion francs and the two month cumulative deficit billion the ministry said in a statement the ministry said february exports totalled billion francs an pct increase on january while imports totalled billion francs an increase of pct farm and food  showed a two billion franc surplus after a surplus of billion in january the energy deficit was reduced to billion francs from eight billion in january while industrial  showed a surplus of billion francs against only mln francs in january reuter 
