Be the first to comment!Industrial new orders up in both the euro area and EU27
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In November 2010 compared with October 2010, the euro area (EA16) industrial new orders index rose by 2.1%. In October the index grew by 1.4%. In the EU27, new orders increased by 1.6% in November 2010, after a rise of 0.4% in October3. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders increased by 2.1% in the euro area and by 1.9% in the EU27.
In November 2010 compared with November 2009, industrial new orders grew by 19.9% in the euro area and by 18.9% in the EU27. Total industry excluding ships, railway & aerospace equipment rose by 19.6% and 19.4% respectively.
In November 2010 compared with October 2010, new orders for capital goods rose by 1.8% in the euro area and by 2.8% in the EU27. Intermediate goods increased by 1.3% in both zones. Durable consumer goods fell by 0.9% in the euro area and by 0.1% in the EU27. Non-durable consumer goods decreased by 1.5% and 0.6% respectively.
Among the Member States for which data are available, total manufacturing working on orders rose in seventeen, fell in four and remained unchanged in Denmark. The highest increases were registered in Hungary (+17.1%), Portugal (+9.1%), Finland (+7.3%) and Germany (+5.3%), and the decreases in Latvia (-2.6%), the Netherlands (-2.3%), Italy (-2.0%) and Poland (-1.5%).
In November 2010 compared with November 2009, new orders for intermediate goods rose by 23.3% in the euro area and by 22.8% in the EU27. Capital goods increased by 22.0% and 20.2% respectively. Durable consumer goods grew by 6.0% in the euro area and by 9.3% in the EU27. Non-durable consumer goods increased by 5.3% and 3.0% respectively.
Total manufacturing working on orders rose in all Member States for which data are available. The highest increases were registered in Estonia (+59.2%), Lithuania (+56.9%) and Portugal (+51.4%), and the lowest in Denmark (+1.0%), Greece (+6.5%) and Poland (+8.5%).
There was no specific data available for Malta.
These estimates are released by Eurostat, the statistical office of the European Union.
