Home News Euro zone / industrial orders massively revised upward

Euro zone / industrial orders massively revised upward

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LUXEMBOURG (AP) – New orders in industry in the euro area in November 2009 has been far more developed than previously reported, which was due to a significant upward revision of the order data from Germany. (Photo: ddp)

Such as Eurostat announced on Monday, based on revised data, received in fourteen of the euro zone 2.7% more orders than in the previous month. Until now, only a gain for November was reported by 1.6%.
At the same time Eurostat revised the order bookings for October to minus 2.1%, having been a decline of 1.9% was reported. In September, had the orders in the euro zone increased by 1.7% (previously: up 1.6%).
Compared to the same month last year, new orders fell in the eurozone in the reference month by only 0.5% after a slump by 14.5% in October. To date, the Authority for November, a decrease of 1.5% for October and a decline was reported by 14.4%. 2010-01-14_Industrie_ddp
For all 27 EU member states rejected the statistical agency is now in an increase in orders in November by 2.6% (previously: plus 1.8%) compared to the previous month, according to a minus of 1.5% (down 1.4%) in October. Within a year showed a decline of 1.2% (down 2.0%), whereas in the previous month was recorded a minus of 14.2% (down 14.1%).
The reason for the revisions for the first time on 22 November-January figures were revised, published data on German orders, the impact on the European units, said Eurostat. For Germany, the agency now showed an increase in orders in a single month was 3.2% (previously: plus 0.7%) and full year by 0.9% (down 1.5%).
Compared to the previous month in November, took orders for intermediate goods in the euro zone by 2.3% in the EU27 by 2.1%. Capital goods increased by 1.1% and 2.8%. Durable goods showed a rise in the euro zone of 0.6% and in the EU-27 of 0.3%. Consumer goods increased by 0.8% and 1.6%.
For the year as adopted in November, new orders for consumer goods in the euro zone by 1.6% in the EU27 by 4.3%. Capital goods increased in the euro zone by 0.8%, but decreased in the EU-27 by 1.9%. Intermediate goods fell by 2.1% and 1.8%. Durable goods fell by 5.3% in the euro zone, but increased in the EU-27 by 0.1%.

Website: www.eurostat.ec.europa.eu
DJG / kth / voi