Euro area records 2.1% increases in Industrial new orders

In comparison, August 2011 recorded a rise of 1.9. Apart from more volatile industrial orders, such as equipment for ships, railway and aerospace, a rise of 0.7% and 0.5% was recorded in the euro area and the EU27 respectively.

When compared with percentages data collected in August 2010, an increase of 6.2% in the euro area and 6.5% in the EU27 was noted in industrial new orders for August 2011. In total, industrial orders showed an increase by 5.0% and 5.2% correspondingly.

New orders for capital goods rose by 2.7% in the euro area and by 1.1% in the EU27 in August 2011, when compared with August 2011. The euro area displayed a rise of 4.3% in non-durable consumer goods and 2.3% in the EU27. Intermediate goods increased by 6.1% and 6.9% respectively whilst durable consumer goods were recorded as falling by 3.1% and 8.4% in the euro area and EU27 respectively.

Data collected, where available, for Member States recorded total manufacturing working on orders rising in fifteen and falling in seven. The highest increases were registered in Slovakia(+12.6%), Estonia(+11.2%), Hungary(+11.1%) and Latvia(+6.8%), and the largest decreases in Denmark(-8.0%), the Netherlands(-5.3%) and Ireland(-4.0%)..

In an annual comparison, new Orders for capital goods rose by 7.8% in the euro area and by 982% in the EU27 in August 2011 when compared with August 2010. Intermediate goods increased by 6.1% and 6.9% respectively. Durable consumer goods fell by 3.1% in the euro area and by 8.4% in the EU27. Non-durable consumer goods rose by 4.3% and 2.3% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in eighteen and fell in four. The highest increases were registered in Estonia(+41.1%), Bulgaria(+25.3%), Lithuania(+19.3%) and Latvia(+15.8%), and the largest decreases in Denmark(-9.1%) and the Czech Republic(-5.5%).