The new industrial orders rose in the euro area, Hungary is in the forefront

In August, the new orders in the manufacturing industry increased in the euro area and in the whole European Union, after the decline of July.

According to Eurostat; monthly orders increased in Hungary for the second consecutive months: 11.1 percent in August and 2 percent in July, compared to the previous months. Hungary was only overtaken by Slovakia, which has 11.2 percent growth rate. In June the decline of manufacturing industry orders was 9.6 percent, compared to May – reports MTI.