Be the first to comment!Industrial new orders down 0.2% in euro area and 0.9% in EU27
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In May 2009 compared with April 2009, the euro area (EA16) industrial new orders index fell by 0.2%. In April the index decreased by 0.7%. In the EU271 new orders rose by 0.9% in May 2009, after dropping by 1.7% in April. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders decreased by 0.3% in the euro area, but grew by 0.4% in the EU27.
In May 2009 compared with May 2008, industrial new orders decreased by 30.1% in the euro area and by 28.0% in the EU27. Total industry excluding ships, railway & aerospace equipment dropped by 30.2% in the euro area and by 29.0% in the EU27. These estimates are released by Eurostat, the Statistical Office of the European Communities.
Monthly changes
In May 2009 compared with April 2009, new orders for capital goods grew by 0.4% in the euro area and by 1.1% in the EU27. Non-durable consumer goods dropped by 0.6% in the euro area, but increased by 1.0% in the EU27. Intermediate goods declined by 0.7% in the euro area, but rose by 0.3% in the EU27. Durable consumer goods fell by 1.5% and 0.5% respectively.
Among the Member States for which data is available, total manufacturing working on orders rose in eight and fell in thirteen. The highest increases were registered in the Netherlands (+9.7%), Portugal (+7.5%) and Germany (+4.2%), and the largest decreases in Ireland (-13.2%), Hungary (-7.6%) and Latvia (-7.5%).
Annual changes
In May 2009 compared with May 2008, new orders for non-durable consumer goods fell by 6.7% in the euro area and by 5.0% in the EU27. Durable consumer goods declined by 21.5% and 17.5% respectively. Capital goods dropped by 32.3% in the euro area and by 29.2% in the EU27. Intermediate goods decreased by 34.1% and 33.1% respectively.
Total manufacturing working on orders fell in all the Member States for which data is available. The largest falls were registered in Estonia (-39.8%), Finland (-39.6%) and Lithuania (-38.5%), and the smallest in Ireland (-9.3%), the United Kingdom (-11.3%) and Poland (-15.4%).
Note: No data was available for Malta.
