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October 2011 compared with September 2011 Industrial new orders up by 1.8% in euro area Up by 0.5% in EU27

Reference: STAT/12/3 Event Date: 05/01/2012 Export pdf PDF word DOC
Other available languages : FR DE

STAT/12/3

5 January 2012

October 2011 compared with September 2011
Industrial new orders up by 1.8% in euro area
Up by 0.5% in EU27

In October 2011 compared with September 2011, the euro area1 (EA17) industrial new orders index2 rose by 1.8%, after a fall of 7.8% in September3. In the EU271 new orders increased by 0.5% in October 2011, after a fall of 2.1% in September3. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders dropped by 0.5% in the euro area and by 0.9% in the EU27.

In October 2011 compared with October 2010, industrial new orders increased by 1.6% in the euro area and by 2.6% in the EU27. Total industry excluding ships, railway & aerospace equipment4 rose by 1.9% and 2.4% respectively.

These estimates are released by Eurostat, the statistical office of the European Union.

Figures and graphics available in PDF and WORD PROCESSED

Monthly comparison

In October 2011 compared with September 2011, new orders for capital goods rose by 1.6% in the euro area and by 1.4% in the EU27. Intermediate goods declined by 0.2% and 0.6% respectively. Non-durable consumer goods dropped by 0.5% in the euro area and by 0.2% in the EU27. Durable consumer goods decreased by 2.3% and 0.4% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in five and fell in twenty-one. The highest increases were registered in Germany (+5.5%), the United Kingdom (+2.9%) and Estonia (+2.4%), and the largest decreases in Denmark (-18.5%), Latvia (-13.3%) and Lithuania (-12.7%).

Annual comparison

In October 2011 compared with October 2010, new orders for capital goods rose by 2.7% in the euro area and by 4.1% in the EU27. Intermediate goods increased by 1.4% and 2.3% respectively. Non-durable consumer goods fell by 1.0% in the euro area and by 1.5% in the EU27. Durable consumer goods decreased by 4.9% and 5.9% respectively.

Among the Member States for which data are available, total manufacturing working on orders rose in thirteen, fell in twelve and remained stable in Portugal. The highest increases were registered in Estonia (+17.8%), Denmark (+13.2%) and Bulgaria (+11.0%), and the largest decreases in Greece (-15.8%), Malta (-8.5%) and Ireland
(-6.7%).

  • The euro area (EA17) includes Belgium, Germany, Estonia, Ireland, Greece, Spain, France, Italy, Cyprus, Luxembourg, Malta, the Netherlands, Austria, Portugal, Slovenia, Slovakia and Finland.

The EU27 includes Belgium (BE), Bulgaria (BG), the Czech Republic (CZ), Denmark (DK), Germany (DE), Estonia (EE), Ireland (IE), Greece (EL), Spain (ES), France (FR), Italy (IT), Cyprus (CY), Latvia (LV), Lithuania (LT), Luxembourg (LU), Hungary (HU), Malta (MT), the Netherlands (NL), Austria (AT), Poland (PL), Portugal (PT), Romania (RO), Slovenia (SI), Slovakia (SK), Finland (FI), Sweden (SE) and the United Kingdom (UK).

  • The new orders index measures the value of future deliveries of products and services (which are directly linked to these products) to be provided by a producer to a third party on the domestic and non-domestic market. The total manufacturing aggregate includes only those NACE levels required by the STS Regulation to be supplied by the Member States (NACE 13, 14, 17, 20, 21, 24 to 30) and is referred to as “total manufacturing working on orders”. The euro area and EU aggregates normally do not include Member States for which no data is available.

The seasonally adjusted euro area and EU series are calculated by aggregating the working day adjusted series for individual Member States and performing an adjustment for seasonal effects on these series. Therefore the seasonally adjusted figures for the European aggregates are based directly on the working day adjusted series for the Member States and not on an aggregation of the seasonally adjusted indices from the Member States. The euro area and EU seasonally adjusted growth rates might differ from the weighted growth rates of the individual Member States. This procedure also implies that the aggregation of the overall figures is not based on the published details.

Working day adjusted data for Germany, Ireland, Spain, Latvia, Malta and Finland are calculated by the National Statistical Institutes of the corresponding Member States, using their own national calendar information. Working day adjusted data for all other Member States are calculated by Eurostat based on gross data provided by the Member States, using a standard calendar.

Due to the volatility of industrial new orders, the figures can vary significantly from month to month and therefore short-term movements should be interpreted with caution.

The weights of the Member States in the EU and euro area aggregates can be found at:

http://circa.europa.eu/Public/irc/dsis/ebt/library?l=/sts_weights_public&vm=detailed&sb=Title

See file: EU_EA17_NEWS_RELEASE_WEIGHTINGS_2005_nace2

More detailed data can be found in the short-term statistics database on the Eurostat website:

http://epp.eurostat.ec.europa.eu/portal/page/portal/short_term_business_statistics/data/database

  • Data of previous months have been revised compared with those issued in News Release 170/2011 of 23 November 2011. The monthly growth rates for September 2011 have been revised from -6.4% to -7.8% for the euro area and from -2.3% to
    -2.1% for the EU27. The annual growth rate remains unchanged at +1.6% for the euro area and has been revised from +2.3% to +2.4% for the EU27.

  • New orders for heavy transport equipment (NACE 30, which includes ships, railway and aerospace equipment) tend to be very volatile with a limited immediate impact on production. The aggregate "Manufacturing working on orders excluding heavy transport equipment" is less erratic. The share of heavy transport equipment in total manufacturing working on orders can be found in the document referred to in note no. 2.

Issued by: Eurostat Press Office

Tim ALLEN

Tel: +352-4301-33 444

eurostat-pressoffice@ec.europa.eu

For further information on data:

Jane SCHOFIELD

Tel: +352-4301-34 037

jane.schofield@ec.europa.eu

Eurostat news releases on the internet: http://ec.europa.eu/eurostat

Selected Principal European Economic Indicators: http://ec.europa.eu/eurostat/euroindicators

Industrial new orders

% change compared with previous month

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

EA17

Total manufacturing working on orders

3.5

-0.9

-1.7

1.7

-7.8

1.8

Intermediate goods

2.2

-4.2

1.6

0.6

-3.3

-0.2

Capital goods

3.6

4.6

-7.6

3.2

-8.1

1.6

Durable consumer goods

0.6

-4.2

3.3

-1.0

-0.7

-2.3

Non-durable consumer goods

4.8

-3.5

0.6

0.7

-2.4

-0.5

Total excl. heavy transport equipment4

2.9

-2.9

1.3

0.8

-5.5

-0.5

EU27

Total manufacturing working on orders

1.1

-0.6

-0.9

-0.2

-2.1

0.5

Intermediate goods

1.9

-3.7

0.9

0.8

-2.1

-0.6

Capital goods

2.8

3.1

-5.5

1.0

-1.9

1.4

Durable consumer goods

1.9

-0.2

0.2

-2.1

1.2

-0.4

Non-durable consumer goods

4.6

-4.1

1.7

-0.1

-2.2

-0.2

Total excl. heavy transport equipment4

2.8

-2.6

1.1

-0.1

-2.0

-0.9

Total manufacturing working on orders

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

EA17

3.5

-0.9

-1.7

1.7

-7.8

1.8

EU27

1.1

-0.6

-0.9

-0.2

-2.1

0.5

Belgium

3.9

-7.8

4.3

0.0

-1.4

-4.3

Bulgaria

7.5

-5.8

2.2

-3.8

2.2

-5.3

Czech Republic

-0.1

-0.7

-3.3

-1.5

4.8

-0.8

Denmark

4.0

25.9

-7.6

-7.7

15.4

-18.5

Germany

2.2

0.4

-2.7

-1.2

-4.6

5.5

Estonia

5.8

-7.6

3.2

9.9

-8.3

2.4

Ireland

0.5

0.4

0.3

-4.4

3.1

-3.0

Greece

1.5

-0.4

2.0

0.0

-4.9

-2.3

Spain

4.2

-0.1

-2.2

3.5

-5.4

-2.2

France

2.4

13.8

-11.2

3.7

-6.8

-0.3

Italy

2.8

-3.9

-0.3

5.0

-9.2

-1.1

Cyprus

c

c

c

c

c

c

Latvia

-9.5

16.6

-3.4

6.5

13.4

-13.3

Lithuania

-1.7

5.3

2.8

-1.0

1.2

-12.7

Luxembourg

9.2

-1.6

-2.6

-6.1

-1.6

-1.4

Hungary

9.7

-9.1

1.6

11.3

2.1

-3.6

Malta

-0.8

-3.1

-0.7

-0.8

0.9

-1.9

Netherlands

0.9

-3.4

0.2

-5.3

1.1

1.8

Austria

8.7

-10.1

3.8

-3.1

-2.9

-0.3

Poland

3.8

1.2

-1.9

1.7

5.1

-2.9

Portugal

5.8

-1.6

0.8

0.4

-4.9

-3.6

Romania

-3.9

-3.3

3.6

1.6

2.1

-7.7

Slovenia

-1.4

-0.5

-0.6

1.5

0.5

0.7

Slovakia

1.9

-3.7

-7.4

12.6

0.6

-0.2

Finland

-8.8

10.0

-10.4

-4.7

0.0

-3.6

Sweden

5.2

-10.0

5.8

0.9

-2.5

-0.8

United Kingdom

1.4

0.2

-0.1

0.1

-1.0

2.9

* Seasonally adjusted

: Data not available

c Confidential

Industrial new orders

% change compared with same month of previous year*

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

EA17

Total manufacturing working on orders

13.4

10.3

8.9

6.0

1.6

1.6

Intermediate goods

13.5

5.6

7.7

6.0

2.9

1.4

Capital goods

16.6

17.0

11.9

7.6

1.0

2.7

Durable consumer goods

-0.5

-5.0

2.7

-3.5

1.9

-4.9

Non-durable consumer goods

9.5

2.3

3.0

3.3

0.7

-1.0

Total excl. heavy transport equipment4

12.4

7.3

8.2

4.7

2.5

1.9

EU27

Total manufacturing working on orders

12.3

8.2

7.2

5.9

2.4

2.6

Intermediate goods

12.5

5.6

6.6

6.6

3.8

2.3

Capital goods

15.7

13.0

9.5

7.6

2.7

4.1

Durable consumer goods

-7.2

-6.6

-3.8

-9.0

-3.1

-5.9

Non-durable consumer goods

6.4

0.3

1.8

1.2

-0.1

-1.5

Total excl. heavy transport equipment4

11.3

5.7

7.3

4.6

3.5

2.4

Total manufacturing working on orders

May-11

Jun-11

Jul-11

Aug-11

Sep-11

Oct-11

EA17

13.4

10.3

8.9

6.0

1.6

1.6

EU27

12.3

8.2

7.2

5.9

2.4

2.6

Belgium

18.2

2.0

11.0

8.7

5.1

-2.2

Bulgaria

33.2

20.0

23.1

15.9

17.0

11.0

Czech Republic

3.5

5.1

2.8

-5.5

2.7

2.1

Denmark

-5.7

0.2

17.9

-8.1

33.4

13.2

Germany

15.4

11.7

11.0

6.0

3.6

7.5

Estonia

49.7

14.8

25.2

40.1

11.6

17.8

Ireland

2.7

4.0

-0.2

-5.0

-1.4

-6.7

Greece

11.0

-1.8

8.1

-1.4

2.1

-15.8

Spain

6.6

3.7

2.8

4.1

3.4

-3.4

France

16.7

20.1

8.6

10.0

2.6

-0.7

Italy

6.9

6.3

8.6

4.5

-4.3

-3.8

Cyprus

c

c

c

c

c

c

Latvia

-10.7

9.6

0.2

15.5

37.7

-3.2

Lithuania

20.2

28.4

24.5

19.2

28.9

-6.6

Luxembourg

26.6

27.7

13.1

4.4

-18.1

3.9

Hungary

2.4

-7.8

-6.0

10.6

7.8

8.8

Malta

-0.2

-0.9

-10.1

-8.2

-1.2

-8.5

Netherlands

14.6

3.5

4.4

0.1

-3.3

-0.7

Austria

22.3

-0.3

8.8

1.9

3.4

0.5

Poland

7.5

10.8

0.3

13.0

18.0

9.8

Portugal

23.9

12.8

20.9

13.4

1.9

0.0

Romania

15.7

2.8

11.4

12.6

14.8

1.0

Slovenia

6.0

1.0

5.0

7.5

8.2

5.3

Slovakia

14.5

6.3

-1.5

9.5

10.6

5.6

Finland

10.9

16.2

7.5

7.2

1.8

-2.2

Sweden

12.3

-1.4

0.6

11.3

1.5

-3.4

United Kingdom

9.8

-2.2

-2.3

4.0

-2.7

9.7

* Working day adjusted

: Data not available

c Confidential

Industrial new orders indices for total manufacturing working on orders

Seasonally adjusted

(Base year 2005)

10/10

11/10

12/10

01/11

02/11

03/11

04/11

05/11

06/11

07/11

08/11

09/11

10/11

EA17

106.3

108.5

109.7

111.1

112.7

112.4

112.3

116.2

115.2

113.2

115.0

106.0

108.0

EU27

109.7

111.1

113.3

113.5

114.6

114.7

115.0

116.2

115.5

114.5

114.2

111.8

112.4

BE

124.6

123.2

125.0

132.3

132.6

130.3

129.6

134.6

124.1

129.4

129.4

127.6

122.1

BG

137.4

140.8

132.3

148.7

161.1

167.8

158.7

170.6

160.7

164.2

158.0

161.5

152.9

CZ

127.5

130.4

129.9

134.9

132.4

133.6

132.9

132.7

131.7

127.4

125.5

131.6

130.5

DK

95.3

96.4

101.9

114.5

129.0

101.5

99.1

103.1

129.8

119.9

110.7

127.8

104.2

DE

112.6

118.5

115.4

119.0

122.0

119.1

122.2

124.9

125.4

122.0

120.5

115.0

121.3

EE

194.8

200.9

318.4

209.1

214.6

222.8

220.5

233.3

215.6

222.5

244.5

224.1

229.5

IE

96.9

97.9

95.7

99.0

98.0

84.3

94.2

94.7

95.1

95.4

91.2

94.0

91.2

EL

92.4

91.7

92.2

92.0

90.4

87.0

86.7

88.1

87.7

89.5

89.5

85.0

83.1

ES

93.0

91.0

90.7

94.7

91.7

93.9

92.0

95.9

95.8

93.7

97.0

91.7

89.7

FR

95.4

97.1

102.5

97.2

98.8

97.3

95.8

98.1

111.6

99.1

102.8

95.8

95.5

IT

106.4

104.9

115.1

111.9

112.7

115.5

110.6

113.6

109.2

108.9

114.3

103.8

102.7

CY

c

c

c

c

c

c

c

c

c

c

c

c

c

LV

343.6

323.1

331.5

369.7

364.0

339.7

312.9

283.3

330.2

319.1

339.7

385.1

333.8

LT

151.8

153.8

159.3

161.7

156.8

155.1

152.5

149.9

157.9

162.4

160.8

162.7

142.1

LU

109.3

116.4

121.0

125.6

119.2

117.3

118.8

129.7

127.7

124.4

116.7

114.9

113.2

HU

105.6

120.2

97.5

104.2

116.1

115.1

103.7

113.8

103.4

105.1

117.0

119.5

115.2

MT

102.8

103.9

103.7

113.4

104.4

103.1

100.0

99.2

96.0

95.3

94.5

95.4

93.6

NL

117.1

114.6

127.2

121.1

125.2

125.2

122.1

123.2

119.0

119.3

112.9

114.2

116.3

AT

112.9

121.9

124.8

123.2

126.2

123.4

119.6

129.9

116.8

121.3

117.5

114.1

113.8

PL

186.0

182.1

190.4

186.4

188.3

194.8

187.0

194.1

196.4

192.7

196.0

205.9

199.9

PT

112.1

140.5

120.6

121.1

127.2

120.3

116.3

123.1

121.1

122.2

122.6

116.6

112.4

RO

181.1

183.9

193.8

201.9

191.7

188.1

202.6

194.6

188.2

194.9

198.1

202.2

186.6

SI

79.2

78.7

82.0

82.5

83.5

82.4

83.3

82.2

81.8

81.3

82.6

83.0

83.5

SK

165.7

167.9

174.4

169.7

171.5

166.8

171.4

174.7

168.3

155.8

175.5

176.5

176.2

FI

94.4

97.1

110.7

101.5

96.5

104.4

111.7

101.9

112.1

100.4

95.7

95.7

92.3

SE

106.1

103.9

107.5

103.1

105.4

107.6

104.8

110.2

99.2

104.9

105.9

103.2

102.4

UK

104.4

107.0

111.0

105.9

107.2

105.4

105.9

107.4

107.6

107.5

107.6

106.5

109.6

: Data not available

c Confidential

Industrial new orders indices for total manufacturing working on orders excluding NACE 304

Seasonally adjusted

(Base year 2005)

10/10

11/10

12/10

01/11

02/11

03/11

04/11

05/11

06/11

07/11

08/11

09/11

10/11

EA17

105.1

108.9

109.8

112.0

113.6

112.6

111.7

114.9

111.5

113.0

114.0

107.6

107.1

EU27

108.4

110.4

111.4

113.3

114.5

114.8

113.1

116.3

113.3

114.5

114.4

112.2

111.1

Industrial new orders indices for total manufacturing working on orders

Working day adjusted data

(Base year 2005)

10/08

10/09

10/10

11/10

12/10

01/11

02/11

03/11

04/11

05/11

06/11

07/11

08/11

09/11

10/11

EA17

105.3

91.6

108.2

109.8

109.2

110.6

113.7

123.8

110.6

115.4

121.7

113.9

90.8

110.8

109.9

EU27

107.5

94.0

109.8

111.3

112.6

111.9

114.3

125.0

111.1

116.4

123.0

113.6

95.0

113.9

112.6

BE

117.2

106.9

131.2

127.0

122.5

135.8

136.5

145.4

133.4

138.3

134.7

117.7

114.9

132.8

128.3

BG

143.3

120.6

142.2

139.2

127.4

132.5

153.3

178.1

158.7

172.2

167.6

173.3

153.4

163.1

157.8

CZ

127.7

113.0

133.0

132.2

114.9

141.4

130.0

142.1

132.4

139.3

140.5

112.4

116.3

136.0

135.8

DK

112.2

98.5

96.2

96.4

96.4

117.7

119.7

102.0

96.7

102.4

136.8

107.6

106.4

127.0

108.9

DE

105.3

92.0

112.6

121.0

111.3

118.1

122.1

129.5

120.3

122.8

129.1

122.3

110.7

117.0

121.0

EE

169.9

124.7

206.4

211.1

296.5

186.1

195.7

232.2

222.3

239.8

219.3

201.7

248.2

240.7

243.2

IE

108.3

78.8

96.2

93.7

88.9

102.3

100.5

96.0

96.1

95.4

103.7

88.0

81.5

93.9

89.8

EL

114.5

84.5

98.4

95.9

82.8

82.1

89.7

91.7

88.7

95.5

92.1

97.8

70.9

86.6

82.9

ES

99.3

90.6

96.0

93.7

85.8

95.9

93.2

104.8

96.9

99.6

97.4

96.5

65.2

96.3

92.7

FR

97.7

86.4

99.6

94.5

101.1

102.0

99.3

110.0

94.2

99.8

118.9

102.1

73.6

99.3

98.9

IT

108.1

93.8

107.3

101.9

116.1

103.8

117.4

131.7

106.1

116.5

118.8

122.8

68.2

110.2

103.2

CY

c

c

c

c

c

c

c

c

c

c

c

c

c

c

c

LV

287.3

242.8

369.9

317.6

299.2

381.7

354.7

381.3

344.2

286.4

328.7

282.5

312.5

399.7

358.0

LT

156.3

103.1

158.8

152.5

153.2

157.1

150.7

162.0

156.3

150.8

156.3

158.8

159.0

168.7

148.2

LU

97.8

85.9

105.6

115.9

100.3

145.0

123.5

127.5

117.0

137.4

126.0

129.0

98.6

112.9

109.7

HU

117.3

106.7

114.1

133.1

97.7

120.6

112.0

113.4

101.8

106.8

103.9

95.4

99.7

123.2

124.2

MT

104.8

91.2

105.5

103.2

113.3

103.4

97.4

107.8

98.6

94.4

99.4

94.2

86.7

102.0

96.5

NL

115.0

99.2

119.1

114.4

127.3

117.9

122.2

132.4

120.2

122.9

124.4

116.4

105.2

118.7

118.3

AT

115.7

95.1

113.4

123.2

121.9

119.5

120.7

133.6

118.4

128.4

120.0

120.9

104.4

122.7

114.1

PL

196.2

157.7

183.8

174.9

183.0

179.1

178.6

207.5

180.5

190.9

192.1

185.5

182.9

220.0

201.7

PT

123.8

104.6

114.9

151.3

111.1

117.3

127.4

132.9

113.6

127.4

124.1

126.1

88.1

122.9

114.9

RO

179.0

162.3

190.1

177.4

178.9

213.8

174.6

183.9

198.5

197.5

193.4

186.6

176.0

223.1

192.1

SI

75.1

68.9

80.8

76.4

74.0

82.6

84.6

87.6

84.8

86.3

84.7

74.9

75.0

88.8

85.1

SK

161.6

147.5

178.3

175.2

162.4

161.1

173.0

183.3

170.8

179.9

167.6

141.4

158.7

187.1

188.2

FI

101.4

76.6

97.2

105.9

119.1

104.6

92.3

116.2

114.1

111.0

131.8

84.6

89.3

99.1

95.1

SE

102.5

87.6

108.7

105.0

105.7

101.5

104.5

121.7

104.2

113.9

106.4

84.9

97.7

107.8

105.0

UK

98.3

92.2

98.3

102.1

128.0

97.9

99.9

113.8

94.9

102.2

117.2

102.7

99.0

104.9

107.9

: Data not available

c Confidential

Industrial new orders indices for total manufacturing working on orders excluding NACE 304

Working day adjusted data

(Base year 2005)

10/08

10/09

10/10

11/10

12/10

01/11

02/11

03/11

04/11

05/11

06/11

07/11

08/11

09/11

10/11

EA17

106.5

92.9

108.4

109.4

105.6

111.7

114.9

124.8

111.6

114.9

116.8

114.5

89.9

112.2

110.5

EU27

108.5

95.0

110.8

111.4

107.0

113.5

115.5

126.1

112.5

116.5

118.9

114.4

94.4

115.5

113.4

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