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EU-27 new industrial orders increase 1.2 percent in February

Wednesday, 27 April 2011 16:04:55 (GMT+3)   |  

According to a statement released on April 27 by Eurostat, the Statistical Office of the European Communities, the new industrial orders index in the European Union member states (EU-27) rose by 1.2 percent month on month in February, after a revised month-on-month increase of 0.5 percent recorded in January. The year-on-year increase in February was recorded at 19.8 percent in the region.

On the other hand, in February new industrial orders in the EU-27, excluding ships, railway and aerospace equipment for which changes tend to be more volatile, increased by 0.3 percent month on month and rose by 19.3 percent year on year.
 
In the EU-27 in the given month, new orders rose by 3.9 percent for capital goods, dropped by 0.5 percent for durable consumer goods and remained stable for intermediate goods, all compared to January.

On month-on-month basis, among the member states for which data are available, total new industrial orders fell in nine member states and rose in 13 others. The largest decreases were registered in Romania with 4.7 percent, in Lithuania with 2.7 percent and in the Czech Republic with 2.1 percent, while the highest increases were seen in Denmark with 16.3 percent, in Hungary with 10.9 percent and in Portugal with 5.4 percent.