New Industrial orders increased by 11.8% in the Euro Area in October

New industrial orders index increased by 1.8% in the Euro Area in October on a monthly basis after decline by 7.8% in September. In the EU new orders rose by 0.5% in October after 2.1% decrease in September. Excluding railway, aerospace and ships, the orders on which appear to be more volatile, new orders in the Euro Area fell by 0.5% and in the EU declined by 0.9% in October.