BRUSSELS – The European Union (EU)’s statistics agency Eurostat said on Wednesday, compared to previous month, industrial new orders in the euro zone dropped by 2.4 percent in July. According to revised figures, the index increased by 2.4 percent on monthly basis in June.

Eurostat said, in the 27- member EU, new orders decreased by 2.3 percent month on month in July after an increase of 2.5 percent in June. Among several industries, new orders for capital goods had fallen by 5.1 percent in the euro zone by 5.7 percent in the EU. Durable consumer goods have been fallen by 3.2 percent and 1.7 percent respectively. Intermediate goods grew by 0.5 percent in the EU, but fell by 0.1 percent in the euro zone.

The total manufacturing working on orders fell in fourteen among the EU member states for which data were available and it remain unchanged and rose in seven in Latvia on monthly basis. The highest increase was recorded in Ireland, up by 7.4 percent and the largest decrease in Denmark, down by 22.1 percent. The industrial new orders increased by 11.2 percent in the euro zone and by 12.5 percent in the EU, compared with July 2009.