According to a statement released on January 6 by Eurostat, the Statistical Office of the European Communities, the index for new industrial orders in the European Union member states (EU-27) slid by 1.6 percent month on month in October, after a revised month-on-month rise of 1.4 percent recorded in September.
On the other hand, in October 2009 new industrial orders in the EU-27, excluding ships, railway and aerospace equipment for which changes tend to be more volatile, decreased by 14.1 percent year on year.
In the EU-27 in October 2009, new orders for capital goods decreased by 1.8 percent, new orders declined by 1.4 percent for non-durable consumer goods, increased by one percent for intermediate goods and fell by 1.7 percent for durable consumer goods, all compared to September.
The graph below indicates the seasonally-adjusted new industrial order indices for overall manufacturing in the EU-27:
