New industrial orders in EU-27 down 1.6 percent in October over September

Wednesday, 06 January 2010 15:24:14 (GMT+3)   |  
       

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:


Tags: Europe Economics 

Similar articles

Fitch revises up global GDP growth forecast to 2.4% in 2024

14 Mar | Steel News

Moody's expects 2.5% growth for Turkey’s economy in 2024

04 Mar | Steel News

Moody’s: Tight financial conditions to restrict global economic growth

01 Sep | Steel News

IMF: Global economic recovery to slow down in 2023 and 2024

26 Jul | Steel News

Turkey reverses long-term policy, hikes interest rate to 15 percent

22 Jun | Steel News

Pedro Videla at IREPAS: Emerging economies doing much better in terms of GDP growth

08 May | Steel News

Fitch expects Turkey’s GDP growth to slow to 2.5 percent in 2023

20 Mar | Steel News

Moody’s revises down G20 economies’ growth forecast for 2023

01 Mar | Steel News

Head of IMF: Third of world economy expected to be in recession in 2023

02 Jan | Steel News

Turkey’s economy grows by 3.9 percent in Q3

30 Nov | Steel News