Euro zone industrial new orders down by 2.3%.

Thursday, 22 March 2012 03:45

Orders in industrial area of euro zone fell by seasonally adjusted 2.3% in January, after rising 3.5% in December- Eurostat reported today.

Today’s reading is in line with analysts’ expectations.

Industrial new orders fell by 3.3% comparing with January 2011, exceeding expectations for only 3.0% decline.