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Industrial New Orders down by 0.4% in Euro Area
added: 2007-06-22

The euro area (EA13) industrial new orders index fell by 0.4% in April 2007 compared with March 2007. The index rose by 2.8% in March and declined by 0.6% in February. EU27 new orders decreased by 0.9% in April 2007, after increasing by 2.7% in March and remaining stable in February. Excluding ships, railway and aerospace equipment industrial new orders fell by 1.3% in the euro area and by 1.5% in the EU27 in April 2007.



In April 2007 compared with April 2006, industrial new orders increased by 12.2% in the euro area and by 12.7% in the EU27. Total industry excluding ships, railway and aerospace equipment grew by 9.5% in the euro area and by 10.5% in the EU27.

Monthly changes

In April 2007 compared with March 2007, new orders for chemicals and chemical products increased by 1.4% in the euro area and by 0.9% in the EU27. Transport equipment rose by 0.9% and 3.6% respectively. Basic metals and fabricated metal products increased by 0.6% in the euro area and by 0.5% in the EU27. Manufacturing of electrical and electronic equipment declined by 3.9% and 3.5% respectively. Machinery and equipment decreased by 4.8% in the euro area and by 3.7% in the EU27. Manufacturing of textiles and textile products fell by 6.1% and 4.8% respectively.

In April 2007, among the Member States for which data are available, total manufacturing working on orders rose in eight Member States, fell in eleven and remained stable in Slovakia. The highest increases were recorded in Denmark (+5.3%), France (+2.1%) and Poland (+1.8%). The largest decreases were registered in Latvia (-10.2%), Portugal (-8.0%) and Romania (-7.9%).

Annual changes

In April 2007 compared with April 2006, new orders for transport equipment grew by 19.3% in the euro area and by 25.0% in the EU27. Manufacturing of chemicals and chemical products rose by 12.7% and 11.6% respectively. Machinery and equipment gained 11.5% in the euro area and 11.0% in the EU27. Manufacturing of basic metals and fabricated metal products increased by 10.6% and 12.1% respectively. Textiles and textile products rose by 6.7% in both zones. Electrical and electronic equipment grew by 6.1% in the euro area and by 6.2% in the EU27.

In April 2007, among the Member States for which data are available, total manufacturing working on orders rose in eighteen Member States and fell only in Latvia (-5.7%) and Greece (-0.4%). The highest increases were registered in Poland (+67.3%), Slovakia (+28.7%) and Ireland (+25.6%).


Source: European Commission

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