Euro-Area Industrial Orders Rebound in Sign Economy Stabilizing
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European industrial orders rebounded in December, adding to indications the region’s economy is stabilizing.
Orders in the 17-nation euro region rose 1.9 percent from November, when they dropped 1.1 percent, the European Union’s statistics office in Luxembourg said today. Economists had forecast an increase of 0.5 percent, the median of 16 estimates in a Bloomberg News survey showed.