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Euro zone’s new industrial orders are below the expectations
According to the Wednesday communication of EU's statistical office, the Eurostat; Euro zone’s new industrial orders decreased by a greater extent in September, than it was originally forecasted.
In September, the orders decreased by 3.8 percent, after the 5.1 percent increase of August, on a monthly level. The expectations predicted a 2.5 percent decline for September. On an annual basis, the orders increased by 13.5 percent, which is also below the expectations of 15.3 percent – reports ProfitLine.hu.
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