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Image header Agence Europe
Europe Daily Bulletin No. 9725
Contents Publication in full By article 15 / 20
GENERAL NEWS / (eu) eu/economy

Further fall in industrial new orders

Brussels, 25/08/2008 (Agence Europe) - In June 2008 compared with May 2008, the euro area industrial new orders index fell by 0.3%. In May, the index dropped by 5.4%. In the EU27, new orders decreased by 0.1% in June 2008, after falling by 5.4% in May. Excluding ships, railway and aerospace equipment, industrial new orders grew by 0.6% in the euro area and by 1.8% in the EU27. Compared with June 2007, industrial new orders fell by 7.4% in the euro area and by 6.6% in the EU27. Total industry new orders, excluding ships, railway and aerospace equipment, dropped by 1.5% and by 0.8% respectively.

In June 2008 compared with May 2008, total manufacturing working on orders rose in nine and fell in nine. The highest increases were recorded in Latvia (31.0%), Portugal (8.0%) and Hungary (6.1%), and the largest decreases in Denmark (21.8%), Ireland (9.7%) and Germany (3.5%). In terms of annual changes, 11 member states recorded a decrease, principally France (16.9%), Spain (6.5%), the Czech Republic and Germany (both 6.0%), while seven others saw increases, with the highest being registered in Romania (27.8%), Latvia (26.9%) and Lithuania (22.9%). (A.B./transl.rt)