Index of industrial orders in the area of the single European currency rose by 1.5% in September in monthly terms, said the EU statistical agency Eurostat. The value index surpassed expectations of analysts, forecast growth in orders for 0,7%. In August, the volume of industrial orders rose by 0,6%.
On an annual basis, industrial orders in the euro area declined by 16,5% in September, compared with -23.1% in the previous month. Analysts expected an annual index of orders at the level of -17.3%.
On an annual basis, industrial orders in the euro area declined by 16,5% in September, compared with -23.1% in the previous month. Analysts expected an annual index of orders at the level of -17.3%.
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