Industrial orders: 20 percent annual growth in the euro area

The euro zone’s new industrial orders increased in an extent, have not seen for 10 years in March, which may be another indication that the second quarter, will occur well – shows the survey of Eurostat.

According to the survey of the EU statistical agency, in the 16 Member States, a monthly 5.2 percent increase occured, which is a 19.8 percent increase, measured on an annual basis.
This result far exceeding the analysts’ 2 percent monthly and 14.6 percent annual increase expectations – reports tozsdeforum.hu.