Article: Eurozone industrial new orders rise in July

Eurozone industrial new orders rise in July

BRUSSELS, Sept. 23 (Xinhua) -- Industrial new orders recorded a higher-than-expected increase in July in the 16-nation euro zone, official figures revealed on Wednesday.

On a month-on-month basis, industrial new orders rose by 2.6 percent in the euro area in July, compared with June, said the European Union (EU) statistics agency Eurostat.

The agency also revised up June's figure from an increase of 3.1 percent to 4.0 percent, compared with May.

In the 27-nation EU, new orders rose by 1.6 percent in July, after falling by 0.6 percent in June.

Excluding ships, railway and aerospace equipment, for which changes tend to be more volatile, ...

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