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Industrial new orders up 1.7% in euro area

25 Jul '07
3 min read

In May 2007 compared with May 2006, new orders for transport equipment grew by 17.2% in the euro area and by 24.1% in the EU27. Machinery and equipment gained 12.8% and 11.8% respectively.

Basic metals and fabricated metal products increased by 5.6% in the euro area and by 6.8% in the EU27. Manufacturing of chemicals and chemical products rose by 4.8% and 3.9% respectively. Electrical and electronic equipment grew by 4.6% in the euro area and by 7.0% in the EU27. Manufacturing of textiles and textile products remained stable in the euro area and declined by 1.0% in the EU27.

In May 2007, among the Member States for which data are available, total manufacturing working on orders rose in seventeen Member States and fell in Ireland (-9.2%), Greece (-7.8%) and Denmark (-2.9%). The highest increases were registered in Poland (+60.3%), Lithuania(+27.4%) and Slovakia (+27.3%).

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Eurostat

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