Euro, March 2009: Industrial orders

New orders fell by 0.8% m / m in March to 0,0% in February, said the European Union statistics agency Eurostat. Last year, orders fell sharply to 26.9%, compared with a revised decrease of 34.2% in the previous month. Market participants predict that new orders dropped by 0.8% m / m and 30.1% a year. The decline in February was revised up to 0.6% m / m, and a record 34.5% in the year reported last month. The data confirm other recent economic reports, which indicate that although the euro remains at the mercy of the most serious recession since the Second World War, the decline below the lower limit.