Tuesday, January 26, 2010

Industrial new orders in November 2009 in the EU and Eurozone

Eurostat issued on January 25 revised data (compared to January 22 release) due to receiving corrected German data on New Orders. These new figures were revised significantly upwards, and had an impact on the European aggregates. As a result, Eurostat published on January a revised News Release, which takes into account the new data from Germany:

November 2009 compared with October 2009
Industrial new orders up by 2.7% in the Eurozone, up by 2.6% in the EU

In November 2009 compared with October 2009, the Eurozone industrial new orders index rose by 2.7%. In October the index fell by 2.1%.

In the EU, new orders increased by 2.6% in November 2009, after a decrease of 1.5% in October.

Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders rose by 2.7% in the Eurozone and by 2.9% in the EU.



In November 2009 compared with November 2008, industrial new orders decreased by 0.5% in the Eurozone and by 1.2% in the EU.

Total industry excluding ships, railway & aerospace equipment 4 dropped by 0.8% in both zones.

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

Figures and graphics available in PDF and WORD PROCESSED


Monthly changes

In November 2009 compared with October 2009, new orders for intermediate goods increased by 2.3% in the Eurozone and by 2.1% in the EU. Capital goods rose by 1.1% and 2.8% respectively. Durable consumer goods gained 0.6% in the Eurozone and 0.3% in the EU . Non-durable consumer goods grew by 0.8% and 1.6% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in fifteen and fell in eight. The highest increases were registered in Austria (+10.3%), Estonia (+7.4%) and Greece (+7.3%), and the largest decreases in Hungary (-9.6%), Ireland (-4.4%) and Bulgaria (-4.1%).

Annual changes

In November 2009 compared with November 2008, new orders for non-durable consumer goods rose by 1.6% in the Eurozone and by 4.3% in the EU . Capital goods increased by 0.8% in the Eurozone, but fell by 1.9% in the EU. Intermediate goods decreased by 2.1% and 1.8% respectively. Durable consumer goods declined by 5.3% in the Eurozone, but grew by 0.1% in the EU.

Among the Member States for which data are available, total manufacturing working on orders rose in nine, fell in fourteen and remained stable in Italy . The highest rises were registered in Slovenia (+10.6%), the Czech Republic ( +7.9%) and Finland (+6.9%), and the largest falls in Ireland (-26.5%), Lithuania (-24.8%) and Estonia (-16.3%).

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