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Industrial New Orders up by 1.9% in Euro Area: August 2011
added: 2011-10-25

In August 2011 compared with July 2011, the euro area (EA17) industrial new orders index rose by 1.9%. In July the index dropped by 1.6%. In the EU27 new orders increased by 0.4% in August 2011, after a fall of 0.6% in July. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders rose by 0.7% in the euro area and by 0.5% in the EU27.

In August 2011 compared with August 2010, industrial new orders increased by 6.2% in the euro area and by 6.5% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 5.0% and 5.2% respectively.

Monthly comparison

In August 2011 compared with July 2011, new orders for capital goods rose by 2.7% in the euro area and by 1.1% in the EU27. Non-durable consumer goods increased by 1.2% and 0.5% respectively. Intermediate goods gained 1.1% in both zones. Durable consumer goods fell by 0.8% in the euro area and by 1.8% in the EU27.

Among the Member States for which data are available, total manufacturing working on orders rose in fifteen and fell in seven. The highest increases were registered in Slovakia (+12.6%), Estonia (+11.2%), Hungary (+11.1%) and Latvia (+6.8%), and the largest decreases in Denmark (-8.0%), the Netherlands (-5.3%) and Ireland (-4.0%).

Annual comparison

In August 2011 compared with August 2010, new orders for capital goods rose by 7.8% in the euro area and by 8.2% in the EU27. Intermediate goods increased by 6.1% and 6.9% respectively. Non-durable consumer goods gained 4.3% in the euro area and 2.3% in the EU27. Durable consumer goods fell by 3.1% and 8.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in eighteen and fell in four. The highest increases were registered in Estonia (+41.1%), Bulgaria (+25.3%), Lithuania (+19.3%) and Latvia (+15.8%), and the largest decreases in Denmark (-9.1%) and the Czech Republic (-5.5%).


Source: Eurostat

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