Eurozone industrial new orders rise 0.9 percent in February

09:36, April 28, 2011      

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Industrial new orders in the eurozone rose by 0.9 percent in February, compared with the previous month, European Union (EU) statistics office Eurostat said Wednesday.

It was the fifth consecutive monthly increase. Revised figures showed industrial new orders in the 17 EU nations that use the euro increased by 1.2 percent on monthly basis in January.

Excluding ships, railway and aerospace equipment, for which changes tend to be more volatile, eurozone industrial new orders increased by 0.6 percent in Feburary.

Month-on-month, eurozone new orders for capital goods rose by 3.3 percent, while durable consumer goods gained 1.9 percent. Non-durable consumer goods and intermediate goods increased by 0.7 percent and 0.5 percent respectively.

Compared with Feburary 2010, industrial new orders in the eurozone grew by 21.3 percent, while the figure excluding ships, railway and aerospace equipment rose by 20.8 percent.

For the 27-nation EU, industrial new orders increased by 1.2 percent in Febuary, compared with the previous month, and by 19.8 percent year on year.

Among those member states for which data were available, total manufacturing working on orders rose in 13 and fell in nine on a monthly basis. The highest increase was registered in Denmark, up by 16.3 percent, while the largest decrease was seen in Romania, down by 4. 7 percent.

Source: Xinhua
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