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Industrial New Orders up by 2.6% in Euro Area in July 2009
added: 2009-09-24

In July 2009 compared with June 2009, the euro area (EA16) industrial new orders index rose by 2.6%. In June the index increased by 4.0%. In the EU27 new orders rose by 1.6% in July 2009, after falling by 0.6% in June. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders grew by 3.1% in the euro area and by 3.4% in the EU27.

In July 2009 compared with July 2008, industrial new orders decreased by 24.3% in the euro area and by 24.9% in the EU27. Total industry excluding ships, railway & aerospace equipment dropped by 23.4% in the euro area and by 22.5% in the EU27.

Monthly changes

In July 2009 compared with June 2009, new orders for durable consumer goods increased by 5.6% in the euro area and by 6.9% in the EU27. Capital goods grew by 2.9% in the euro area, but fell by 1.8% in the EU27. Intermediate goods rose by 2.8% in the euro area and by 4.1% in the EU27. Non-durable consumer goods decreased by 1.8% and 1.6% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in twelve, fell in eight and remained stable in Hungary. The highest increases were registered in Sweden (+10.2%), Poland (+6.1%) and Denmark (+6.0%), and the largest decreases in Ireland (-8.5%), the Czech Republic (-3.8%) and Latvia (-3.6%).

Annual changes

In July 2009 compared with July 2008, new orders for non-durable consumer goods fell by 4.5% in the euro area and by 3.7% in the EU27. Durable consumer goods declined by 13.1% and 6.9% respectively. Intermediate goods dropped by 27.3% in the euro area and by 26.1% in the EU27. Capital goods decreased by 27.7% and 29.6% respectively.

Total manufacturing working on orders fell in all Member States for which data are available. The largest falls were registered in Estonia (-40.7%), Lithuania (-38.5%) and the United Kingdom (-35.2%), and the smallest in Ireland (-11.6%), Poland (-13.9%) and Sweden (-16.9%).


Source: Eurostat

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