EU Jan industrial new orders drop 30.7%, chems down 23.5%
27 March 2009 12:04 [Source: ICIS news]
LONDON (ICIS news)--Industrial new orders in the European Union (EU) decreased by 30.7% in January year on year, while orders for chemicals dropped by 23.5%, official statistics agency Eurostat said on Friday.
In the 16-member eurozone industrial new orders in January fell 34.1% while chemicals orders were down 24.5%.
Compared with the previous month, January chemicals orders were up by 0.3% in the 27-member EU and by 2.1% in the eurozone.
Total industrial new orders decreased by 2.2% in the EU and by 3.4% in the eurozone month on month.
| New orders | January 2009 vs January 2009 (%) | January 2009 vs December 2008 (%) |
| EU chemicals | -23.5 | 0.3 |
| Eurozone chemicals | -24.5 | 2.1 |
| EU industry | -30.7 | -2.2 |
| Eurozone industry | -34.1 | -3.4 |
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By: Mark Watts
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