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Industrial New Orders Down by 1.3% in Euro Area on November 2011
added: 2012-01-24

In November 2011 compared with October 2011, the euro area (EA17) industrial new orders index fell by 1.3%, after a rise of 1.5% in October. In the EU27 new orders decreased by 1.4% in November 2011, after an increase of 0.2% in October. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders dropped by 0.5% in the euro area and by 1.2% in the EU27.

In November 2011 compared with November 2010, industrial new orders decreased by 2.7% in the euro area and by 1.2% in the EU27. Total industry excluding ships, railway & aerospace equipment fell by 2.5% and 1.5% respectively.

Monthly comparison

In November 2011 compared with October 2011, new orders for capital goods decreased by 2.1% in the euro area and by 2.5% in the EU27. Intermediate goods dropped by 1.3% and by 0.3% respectively. Durable consumer goods increased by 0.9% in the euro area and by 0.4% in the EU27. Non-durable consumer goods rose by 1.7% and 3.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders fell in nine, rose in eleven and remained stable in Slovenia. The largest decreases were registered in Sweden (-6.1%), Germany (-5.0%), Hungary and the Netherlands (both -3.0%), and the highest increases in Latvia (+23.2%), Ireland (+14.5%) and Romania (+6.3%).

Annual comparison

In November 2011 compared with November 2010, new orders for durable consumer goods dropped by 4.2% in the euro area and by 6.0% in the EU27. Capital goods fell by 3.9% and 2.4% respectively. Intermediate goods decreased by 2.8% in the euro area and by 0.7% in the EU27. Non-durable consumer goods rose by 4.2% and 3.2% respectively.

Among the Member States for which data are available, total manufacturing working on orders fell in eight and rose in thirteen. The largest decreases were registered in Portugal (-25.0%), Sweden (-9.7%) and Hungary (-7.4%), and the highest increases in Latvia (+35.6%), Estonia (+12.4%) and Poland (+11.3%).


Source: Eurostat

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