Euro zone May industrial orders down 1.5%

Euro zone industrial orders fell 1.5 per cent in May from April and were down 3

Euro zone industrial orders fell 1.5 per cent in May from April and were down 3.3 per cent year-on-year, EU statistics office Eurostat said.

Economists had forecast a rise of 1.3 per cent from April and a year-on-year fall of 1 per cent.

Eurostat revised the month-on-month rise in April to 1.6 per cent from an initial 1.5 per cent.

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