Industrial orders fell in the euro area

Industrial orders fell significantly in the euro area in September, the highest rate since 2008 – said the European Union's statistical office the Eurostat on Wednesday.

According to the organization; the new industrial orders in September decreased by 6.4 percent, compared with August, while compared to the same period of the last year, decrease was 1.6 percent in the euro area. Analysts expected a 2.7 percent monthly decrease and a 7.8 percent annual growth – reports ProfitLine.hu.