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October 26, 2020
BUSINESS

Industrial new orders up 3.8 pc in euro area

In May 2010 compared with April 2010, the euro area industrial new orders index rose by 3.8%. In April the index increased by 0.6%, the statistical office of the European Union (EU), Eurostat, informs. In the EU27, new orders increased by 2.7% in May 2010 after a rise of 0.3% in April. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders grew by 2.6% in the euro area and by 2.7% in the EU27. In May 2010 compared with May 2009, industrial new orders increased by 22.7% in the euro area and by 20.1% in the EU27. Total industry excluding ships, railway & aerospace equipment rose by 22.4% and 22.0% respectively.


Romania is situated on the eleventh place in EU in what concerns the industrial new orders in May 2010, with 22,5%, compared with the same month last year, which is higher than the average EU numbers of 20,1%. In May 2010 compared with April 2010, new orders for capital goods rose by 5.3% in the euro area and by 4.7% in the EU27. Non-durable consumer goods increased by 4.0% and 4.5% respectively. Durable consumer goods gained 2.9% in the euro area and 1.1% in the EU27. Intermediate goods grew by 1.4% and 2.3% respectively.Among the Member States for which data are available, total manufacturing working on orders rose in fourteen and fell in seven. The highest increases were registered in Denmark (+13.4%), Estonia (+12.1%) and the Czech Republic (+7.5%) and the largest decreases in Greece and the Netherlands (both -6.1%) and the United Kingdom (-2.8%).

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