New industrial orders in the 12-nation eurozone rose by 1.7 percent in November from October, spurred on by strong orders for France's aerospace industry, the European Union statistics agency said on Monday. Orders for transport equipment, which include the volatile aerospace industry, rose by 9.0 percent in November from October while orders in the textile and electrical industries rose 1.2 percent and 0.4 percent respectively.
But orders in all other industries - chemicals, metals and machinery - declined in November, illustrating the soft state of the eurozone economy, buffeted by high oil prices, a strong euro and moderating global demand, said Howard Archer of Global Insight.
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