Stock orders in the euro area are over expectations

According to the report of Eurostat, the new industrial orders of the euro zone increased in July, surpassing expectations, that shows a recovery in activity and the easing of recession.

In the involved 16 countries, the industrial orders increased by 2.6 percent, compared to June. Compared to the same period last year, the data shows a 24.3 percent decrease.
Before the expansion of June and July a decrease was measured. Eurostat corrected the 3.1 percent increase of June to 4 percent – reports tozsdeforum.hu.