News Markets Media

USA | Europe | Asia | World| Stocks | Commodities

Home News Europe Industrial New Orders Down by 2.1% in Euro Area in July 2011


Industrial New Orders Down by 2.1% in Euro Area in July 2011
added: 2011-09-23

In July 2011 compared with June 2011, the euro area (EA17) industrial new orders index fell by 2.1%. In June the index dropped by 1.2%. In the EU27 new orders decreased by 0.8% in July 2011, after a fall of 0.8% also in June. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders rose by 1.4% in the euro area and by 0.9% in the EU27.

In July 2011 compared with July 2010, industrial new orders increased by 8.4% in the euro area and by 6.8% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 8.2% and 7.5% respectively.

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

Monthly comparison

In July 2011 compared with June 2011, new orders for capital goods fell by 2.5% in the euro area and by 5.8% in the EU27. Non-durable consumer goods dropped by 0.1% in the euro area, but gained 1.3% in the EU27. Intermediate goods increased by 2.3% and 1.1% respectively. Durable consumer goods rose by 5.1% in the euro area and by 1.3% in the EU27.

Among the Member States for which data are available, total manufacturing working on orders rose in eleven and fell in eleven. The largest decreases were registered in France (-11.2%), Finland (-10.3%), Slovakia (-7.7%) and Denmark (-7.5%), and the highest increases in Sweden (+5.8%), Romania (+3.6%), Lithuania (+2.9%) and Estonia (+2.6%).

Annual comparison

In July 2011 compared with July 2010, new orders for capital goods rose by 11.4% in the euro area and by 9.2% in the EU27. Intermediate goods increased by 8.0% and 6.7% respectively. Durable consumer goods gained 3.8% in the euro area, but fell by 2.6% in the EU27. Non-durable consumer goods rose by 1.8% and 1.2% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in sixteen and fell in six. The highest increases were registered in Estonia (+24.5%), Lithuania (+24.4%), Bulgaria (+21.8%) and Portugal (+19.6%), and the largest decreases in Hungary (-6.0%), Spain (-1.9%) and Slovakia (-1.4%).


Source: Eurostat

Privacy policy . Copyright . Contact .