Eurozone industrial new orders see 2% increase in August

Industrial new orders rose by 2.0 percent in the 16-nation Eurozone in August compared with the previous month, according to data released by the European Union (EU) statistic bureau Eurostat on Friday.

In the 27-member EU, new orders rose by 1.2 percent in August after a rise of 1.6 percent in July, Eurostat said.

Compared with August 2008, industrial new orders decreased by 23.1 percent in the Eurozone and by 22.3 percent in the EU.

Among the various industries, new orders for durable consumer goods in August dropped by 1.6 percent in the Eurozone and by 0.4 percent in the EU, compared with the previous month.

Capital goods fell by 0.3 percent in the Eurozone, but grew by 2.1 percent in the EU. Intermediate goods increased by 3.8 percent and 0.5 percent respectively in the Eurozone and in the EU.

Source: Xinhua