Industrial new orders up 10.9% in July

24 Sep '07

2 min read

The euro area1 (EA13) industrial new orders index2 fell by 4.0% in July 2007 compared with June 2007. The index rose by 4.5% in June3. EU271 new orders decreased by 3.9% in July 2007, after an increase of 5.3% in June3. Excluding ships, railway & aerospace equipment4 industrial new orders fell by 0.1% in the euro area, but rose by 0.8% in the EU27 in July 2007.

In July 2007 compared with July 2006, industrial new orders increased by 10.9% in the euro area and by 13.2% in the EU27. Total industry excluding ships, railway & aerospace equipment grew by 11.7% in the euro area and by 13.7% in the EU27.

Monthly changes:
In July 2007 compared with June 2007, new orders for machinery & equipment rose by 2.5% in the euro area and by 5.5% in the EU27. Chemicals & chemical products fell by 0.1% in the euro area and by 0.7% in the EU27. Manufacturing of textiles & textile products fell by 1.4% and 1.2% respectively. Transport equipment declined by 16.0% in the euro area and by 13.8% in the EU27.

In July 2007, among the Member States for which data are available, total manufacturing working on orders rose in thirteen and fell in seven. The highest increases were recorded in Hungary (+25.2%), Denmark (+13.4%) and Poland (+7.1%), and the largest decreases in Latvia (-21.5%), Germany (-7.9%) and Estonia (-3.4%).

Annual changes:
In July 2007 compared with July 2006, new orders for machinery & equipment grew by 19.0% in the euro area and by 22.0% inthe EU27. Transport equipment gained 10.0% in the euro area and 16.7% in the EU27. Manufacturing of chemicals & chemical products rose by 9.0% and 11.4% respectively.

Manufacturing of textiles & textile products increased by 7.3% and 6.5% respectively. In July 2007, among the Member States for which data are available, total manufacturing working on orders rose in nineteen and fell only in Greece (-0.6%). The highest increases were registered in Poland (+63.4%), Hungary (+38.4%) and Lithuania (+35.9%).

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Eurostat

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