Romania November Industrial Orders Rise At 3rd Fastest Pace In EU

In the European Union, industrial new orders fell 1.4% on the month in November, the EU’s statistics office Eurostat said.

New orders rose in 11 member states for which data were available, fell in nine and remained stable in Slovenia. The largest decreases were registered in Sweden (-6.1%), Germany (-5%), Hungary and the Netherlands (both -3%), and the highest increases in Latvia (+23.2%), Ireland (+14.5%) and Romania.

In November compared with the same month of 2010, Romanian industrial orders rose 9.2%, the fifth biggest increase in the bloc.