Euro-zone’s industrial orders rose by nearly a quarter in one year

According to the datas of Eurostat; although the growth rate of new industrial orders slowed in the euro area in June, compared to the previous month, but the rate of expansion still surpassed the expectations.

The monthly orders increased by 2.5 percent. The preliminary expectations were about a 1.6 percent growth. On an annual comparision; the factories received 22.6 percent more orders. In May, growth was 22.7 percent, compared to the previous year.
In the whole European Union, orders increased by 2.4 percent on monthly basis, after the 4 percent increase of May. On an annual basis, the expansion rate was 22.5 percent – reports ProfitLine.hu.