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Industrial New Orders Down by 0.7% in Euro Area in June 2011
added: 2011-08-25

In June 2011 compared with May 2011, the euro area (EA17) industrial new orders index fell by 0.7%. In May the index rose by 3.6%. In the EU27 new orders decreased by 0.3% in June 2011, after an increase of 1.2% in May. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders declined by 3.0% in the euro area and by 2.2% in the EU27.

In June 2011 compared with June 2010, industrial new orders increased by 11.1% in the euro area and by 8.5% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 7.9% and 6.3% respectively.

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

Monthly comparison

In June 2011 compared with May 2011, new orders for intermediate goods fell by 5.3% in the euro area and by 4.4% in the EU27. Non-durable consumer goods decreased by 3.2% and 4.3% respectively. Durable consumer goods dropped by 3.4% in the euro area, but gained 0.3% in the EU27. Capital goods rose by 4.1% and 4.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in nine and fell in twelve. The highest increases were registered in Denmark (+19.2%), Latvia (+15.7%) and France (+13.8%), and the largest decreases in Sweden (-10.5%), Estonia (-9.8%) and Hungary (-9.7%).

Annual comparison

In June 2011 compared with June 2010, new orders for capital goods rose by 18.9% in the euro area and by 13.9% in the EU27. Intermediate goods increased by 5.7% in both zones. Non-durable consumer goods gained 2.7% in the euro area and 0.5% in the EU27. Durable consumer goods fell by 5.8% and 7.0% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in sixteen and fell in five. The highest increases were registered in Lithuania (+28.4%), Bulgaria (+21.3%) and France (+20.2%), and the largest decreases in Hungary (-8.3%), Denmark and Greece (both -6.0%).


Source: Eurostat

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