Friday, August 22, 2008

Eurozone June industrial orders expected to decline at a faster pace

Friday, the Eurostat is expected to release the Eurozone industrial new orders data for June at 5.00 am ET. Industrial new orders are predicted to decline 6.1% annually in June, a bigger decline compared to May's 4.4% fall. On a monthly basis, industrial new orders are forecast to decline 1.1% in June compared to a 3.5% fall recorded in May.

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