October 2011 compared with September 2011 Industrial new orders up by 1.8% in euro area Up by 0.5% in EU27

In October 2011 compared with September 2011, the euro area (EA17) industrial new orders index rose by 1.8%, after a fall of 7.8% in September.

In October 2011 compared with October 2010 Malta had the second largest annual decrease in total manufacturing working on orders at (-8.5%) after Greece (-15.8%).

In the EU27 new orders increased by 0.5% in October 2011, after a fall of 2.1% in September. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders dropped by 0.5% in the euro area and by 0.9% in the EU27. In October 2011 compared with October 2010, industrial new orders increased by 1.6% in the euro area and by 2.6% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 1.9% and 2.4% respectively.

In October 2011 compared with September 2011, new orders for capital goods rose by 1.6% in the euro area and by 1.4% in the EU27. Intermediate goods declined by 0.2% and 0.6% respectively. Non-durable consumer goods dropped by 0.5% in the euro area and by 0.2% in the EU27. Durable consumer goods decreased by 2.3% and 0.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in five and fell in twenty-one. The highest increases were registered in Germany (+5.5%), the United Kingdom (+2.9%) and Estonia (+2.4%), and the largest decreases in Denmark (-18.5%), Latvia (-13.3%) and Lithuania (-12.7%).

In October 2011 compared with October 2010, new orders for capital goods rose by 2.7% in the euro area and by 4.1% in the EU27. Intermediate goods increased by 1.4% and 2.3% respectively. Non-durable consumer goods fell by 1.0% in the euro area and by 1.5% in the EU27. Durable consumer goods decreased by 4.9% and 5.9% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in thirteen, fell in twelve and remained stable in Portugal. The highest increases were registered in Estonia (+17.8%), Denmark (+13.2%) and Bulgaria (+11.0%), and the largest decreases in Greece (-15.8%), Malta (-8.5%) and Ireland (-6.7%).

These estimates are released by Eurostat, the statistical office of the European Union.

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