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Eurozone Industrial New Orders Decline In August

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Eurozone industrial new orders decreased 23.1% year-on-year in August, compared to the 24.9% fall in the previous month. Economists expected a decline of 22.5%.

On a monthly basis, industrial new orders climbed 2% in August, slower than the 3% growth in the previous month. Economists were looking for an increase of 1.2%.

In EU27, industrial new orders dropped 22.3% on an annual basis in August, and it was up 1.2% compared to the preceding month.

Eurozone industrial new orders decreased 23.1% year-on-year in August, compared to the 24.9% fall in the previous month. Economists expected a decline of 22.5%. (Market News Provided by RTTNews)

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