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Industrial new orders up 2.7% in euro area

23 May '07
3 min read

Annual changes :
In March 2007 compared with March 2006, new orders for machinery and equipment grew by 16.4% in the euro area and by 13.9% in the EU27. Manufacturing of textiles and textile products increased by 13.6% and 11.8% respectively.

Basic metals and fabricated metal products gained 8.9% in the euro area and 10.6% in the EU27. Manufacturing of chemicals and chemical products rose by 6.7% and 6.6% respectively. Electrical and electronic equipment grew by 6.4% in the euro area and by 6.8% in the EU27. Transport equipment increased by 5.8% and 7.5% respectively.

In March 2007, among the Member States for which data are available, total manufacturing working on orders rose in eighteen Member States, and fell only in Latvia (-30.8%) and Hungary (-1.5%). The highest increases were registered in Poland (+65.2%), Romania (+35.8%), Slovakia (+25.7%) and Lithuania (+24.0%).

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Eurostat

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