Thursday 25 June 2009

Industrial Orders Fall 1.0% in Euro Zone

Industrial new orders down by 1.0% in euro area. Down by 0.5% in EU27.

In April 2009 compared with March 2009, the euro area1 (EA16) industrial new orders index2 fell by 1.0%. In March3 the index decreased by 0.2%. In the EU271 new orders declined by 0.5% in April 2009, after dropping by 0.5% in March3. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders decreased by 0.9% in the euro area, but increased by 0.3% in the EU27.

In April 2009 compared with April 2008, industrial new orders decreased by 35.5% in the euro area and by 35.0% in the EU27. Total industry excluding ships, railway & aerospace equipment4 dropped by 35.3% in the euro area and by 33.8% in the EU27.

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