EMU DATA: February sa industry new orders +0.9% m/m, +21.3% y/y,
Eurostat reported on Wednesday.
— EMU February industry orders m/m above MNI median fcast (+0.8%)
— EMU January industry orders rev up +1.2% m/m (+0.1%)
— EMU February orders ex-ships/rail/aerospace +0.6% m/m, +20.8% y/y
— EMU January+February avg industry orders +4.0% vs 4q avg; 4q +2.6%
q/q
— EMU February orders 3mm avg (dec-February:nov-January) +1.5% after
January +1.9%
— For more information, please see MNI MainWire