Eurozone new industrial orders surged 2.7% in November boosted by Germany; Down 0.5% in year to November; Annual Irish orders plunged -26.5%

In the month of November 2009, Eurozone (EA16) new industrial orders index surged by 2.7%. In October the index fell by 2.1%. In the EU27 new orders increased by 2.6% in November 2009, after a decrease of 1.5% in October. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, new industrial new orders rose by 2.7% in the Eurozone and by 2.9% in the EU27. Eurostat, the EU’s statistics office, had originally issued a figure of 1.6% on Friday, but published new numbers today after adjusted d German data were received, underlined the recovery from October – - also upwardly revised. Irish orders fell -26.5% in year to November.

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