EU August new orders down 6.7%, chems fall 0.7%

24 October 2008 15:49  [Source: ICIS news]

 LONDON (ICIS news)--Industrial new orders in the 27-member EU fell 6.7% in August year-on-year, while orders for chemicals and man-made fibres dropped 0.7%, the official statistics agency Eurostat said on Friday.

 

In the 15-member eurozone, industrial new orders decreased by 6.6% compared with August 2007 and for chemicals and man-made fibres declined by 1.8%.

 

Month-on-month, industrial orders fell by 1.4% in the EU and 1.2% in the eurozone. Orders for chemicals and man-made fibres were down 1.0% in the EU and 0.5% in the eurozone compared with July.

 

Industrial new orders

 

	August 2008 vs August 2007 (%)	August 2008 vs July 2008 (%)
EU chemicals	-0.7	-1.0
Eurozone chemicals	-1.8	-0.5
EU manufacturing	-6.7	-1.4
Eurozone manufacturing	-6.6	-1.2

 

 

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By: Mark Watts
+44 20 8652 3214

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