According to a statement released on November 23 by Eurostat, the Statistical Office of the European Communities, the new industrial orders index in the European Union member states (EU-27) fell by 2.3 percent month on month in September, after a revised month-on-month decrease of 0.3 percent recorded in August. The year-on-year increase in September was recorded at 2.3 percent in the region.
On the other hand, in September new industrial orders in the EU-27, excluding ships, railway and aerospace equipment for which changes tend to be more volatile, decreased by 2.1 percent month on month and rose by 3.5 percent year on year.
In the EU-27 in the given month, new orders fell by 2.1 percent for capital goods and also by 2.1 percent for intermediate goods, while new orders rose by 1.1 percent for durable consumer goods, all compared to August.
On month-on-month basis, among the member states for which data are available, total new industrial orders fell in 10 member states and rose in 12 others. The largest decreases were registered in Italy with 9.2 percent, in Estonia with 9.1 percent and in France with 6.2 percent, while the highest increases were seen in Denmark with 14 percent, in Latvia with 13.1 percent and in Poland with 5.1 percent.