Benjamin-Nicolau 's

Environm Ciencia, Tecnologia y Economia

Industrial new orders up by 1.0% in euro area

Posted by benjamin-nicolau en septiembre 23, 2008

Industrial new orders up by 1.0% in euro area
Up by 2.3% in EU27

In July 2008 compared with June 2008, the euro area1 (EA15) industrial new orders index2 grew by 1.0%. In June3 the index dropped by 0.5%. In the EU271 new orders increased by 2.3% in July 2008, after remaining stable in June3. Excluding ships, railway & aerospace equipment4 industrial new orders fell by 1.4% in the euro area and by 3.6% in the EU27.

In July 2008 compared with July 2007, industrial new orders grew by 1.6% in the euro area and by 2.8% in the EU27. Total industry excluding ships, railway & aerospace equipment dropped by 2.1% in the euro area and by 2.2% in the EU27.

These estimates are released by Eurostat, the Statistical Office of the European Communities.

Monthly changes

In July 2008 compared with June 2008, new orders for transport equipment rose by 10.0% in the euro area and by 17.4% in the EU27. Manufacturing of chemicals & chemical products grew by 1.1% and 0.4% respectively. Textiles & textile products gained 0.8% in the euro area and 0.3% in the EU27. Manufacturing of machinery & equipment fell by 1.1% and 3.5% respectively. Electrical & electronic equipment decreased by 1.8% in the euro area and by 0.1% in the EU27. Manufacturing of basic metals & fabricated metal products declined by 2.4% and 2.2% respectively.

In July 2008, among the Member States for which data are available, total manufacturing working on orders rose in thirteen and fell in six. The highest increases were recorded in Estonia (+9.9%), Italy (+5.9%) and France (+4.3%), and the largest decreases in Lithuania (-2.6%), Sweden (-2.2%) and Poland (-2.1%).

Annual changes

In July 2008 compared with July 2007, new orders for chemicals & chemical products grew by 7.0% in the euro area and by 5.8% in the EU27. Manufacturing of basic metals & fabricated metal products rose by 4.9% and 5.7% respectively. Transport equipment gained 4.8% in the euro area and 9.3% in the EU27. Manufacturing of electrical & electronic equipment decreased by 2.1% and 3.3% respectively. Textiles & textile products fell by 4.3% in the euro area and by 3.6% in the EU27. Machinery & equipment declined by 6.3% and 7.4% respectively.

In July 2008, among the Member States for which data are available, total manufacturing working on orders rose in eleven and fell in eight. The highest increases were registered in Romania (+29.2%), Latvia (+26.2%) and Estonia (+23.0%), and the most significant falls in Denmark (-11.2%), Poland (-4.3%), and Sweden (-2.9%).

 

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