Orders in the consumer goods industry rose 4.3% on the month and capital goods rose 3.8%, while durable goods declined 4% and intermediary goods fell 1.2%.

Compared to July 2014, new orders in the manufacturing industry were up 13.3%, with a 24.7% growth in the durable goods industry and a 21.6% growth in capital goods, the data showed.

In January-July, new orders in manufacturing were up 3.9% on the year, driven by a 20.4% growth in demand for durable goods.

New orders for intermediary goods rose 5.4% on the year in the first seven months, while capital goods rose 2.8% and consumer goods posted growth of 1.1%.