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Industrial New Orders up by 0.1% in Euro Area in January 2011
added: 2011-03-24

In January 2011 compared with December 2010, the euro area (EA17) industrial new orders index rose by 0.1%. In December 2010 the index grew by 2.7%. In the EU27, new orders increased by 0.2% in January 2011, after a rise of 2.9% in December 2010. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders increased by 1.6% in the euro area and by 1.9% in the EU27.

In January 2011 compared with January 2010, industrial new orders grew by 20.9% in the euro area and by 18.6% in the EU27. Total industry excluding ships, railway & aerospace equipment rose by 22.4% and 21.1% respectively.

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

Monthly changes

In January 2011 compared with December 2010, new orders for intermediate goods rose by 4.4% in the euro area and by 4.1% in the EU27. Durable consumer goods gained 2.8% and 2.6% respectively. Non-durable consumer goods fell by 1.3% in the euro area, but grew by 0.1% in the EU27. Capital goods dropped by 2.6% and 3.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in ten and fell in eleven. The highest increases were registered in Denmark (+13.4%), Latvia (+11.9%) and Bulgaria (+9.4%), and the largest decreases in Estonia (-34.5%), France (-7.8%) and Finland (-7.7%).

Annual changes

In January 2011 compared with January 2010, new orders for intermediate goods rose by 25.6% in the euro area and by 23.9% in the EU27. Capital goods increased by 23.4% and 19.9% respectively. Durable consumer goods grew by 6.1% in the euro area and by 6.5% in the EU27. Non-durable consumer goods gained 3.8% and 2.6% respectively.

Total manufacturing working on orders rose in all Member States for which data are available. The highest increases were registered in Latvia (+75.9%), Estonia (+73.4%) and Lithuania (+43.6%), and the lowest in the United Kingdom (+1.0%), Ireland (+9.6%) and Poland (+10.0%).


Source: Eurostat

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