Wednesday, January 6, 2010

October 2009 industrial new orders in the Eurozone and the EU

According to estimates by Eurostat, the statistical office of the European Union:

In October 2009 compared with September 2009:

The Eurozone industrial new orders index fell by 2.2%. In September the index rose by 1.7%.

In the EU new orders declined by 1.6% in October 2009, after an increase of 1.4% in September.

Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders fell by 0.4% in the Eurozone and by 0.8% in the EU.


In October 2009 compared with October 2008:


Industrial new orders decreased by 14.5% in the Eurozone and by 14.1% in the EU.

Total industry excluding ships, railway & aerospace equipment4 dropped by 14.4% and 14.1% respectively.


Details:

October 2009 compared with September 2009:

In October 2009 compared with September 2009:
new orders for intermediate goods increased by 1.5% in the Eurozone and by 1.0% in the EU.
Durable consumer goods rose by 0.6% in the Eurozone, but fell by 1.7% in the EU.
Non-durable consumer goods remained stable in the Eurozone, but declined by 1.4% in the EU.
Capital goods dropped by 4.6% and 1.8% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in ten and fell in thirteen. The highest increases were registered in Hungary (+7.4%), Slovenia (+5.1%) and Latvia (+4.4%), and the largest decreases in Denmark (-14.8%), Ireland (-14.2%) and France (-9.2%).

October 2009 compared with October 2008:

In October 2009 compared with October 2008,
new orders for non-durable consumer goods fell by 6.4% in the Eurozone and by 5.9% in the EU.
Durable consumer goods declined by 14.2% and 9.5% respectively.
Capital goods dropped by 15.0% in the Eurozone and by 15.4% in the EU.
Intermediate goods decreased by 16.4% and 15.4% respectively.

Total manufacturing working on orders fell in all Member States for which data are available. The largest falls were registered in Lithuania (-35.2%), Estonia (-33.6%) and Greece (-27.4%), and the lowest in Slovenia (-3.0%), Slovakia (-8.7%) and the United Kingdom (-8.8%).

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Nick

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