Industrial new orders up by 2.8% in euro area

22 Feb '07

3 min read

In December 2006, among the EU25 Member States for which data are available, total manufacturing working on orders rose in ten Member States and fell in eight. The highest increases were recorded in Ireland (+21.0%), Portugal (+9.3%) and Denmark (+7.6%). The largest decreases were registered in Latvia (-22.9%), Poland (-10.0%), the Czech Republic and Greece (both -3.4%).

Annual changes:
In December 2006 compared to December 2005, new orders for machinery and equipment grew by 11.6% in the euro area and by 10.9% in the EU25. Manufacturing of basic metals and fabricated metal products increased by 10.6% and 9.7% respectively. Chemicals and chemical products gained 4.9% in the euro area and 3.5% in the EU25.

Manufacturing of textiles and textile products declined by 1.2% and 2.9% respectively. Electrical and electronic equipment dropped by 1.6% in the euro area and by 2.6% in the EU25. Transport equipment fell by 6.1% in the euro area, but rose by 0.3% in the EU25.

In December 2006, among the EU25 Member States for which data are available, total manufacturing working on orders rose in seventeen Member States, and fell only in France (-4.2%). The highest increases were registered in Slovakia (+36.4%), Hungary (+35.1%) and Latvia (+33.5%).

Eurostat, Luxembourg

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