EU industrial new orders fell 22% in August, chemicals down 21%

23 October 2009 14:09  [Source: ICIS news]

LONDON (ICIS news)--Industrial new orders in the EU fell by 22.3% year on year in August, while orders for chemicals dropped 21.0%, Europe's official statistics agency, Eurostat, said on Friday.

In the 16-member eurozone, industrial new orders in August declined by 23.1% year on year, while chemicals orders were down 21.6%.

Month on month, August chemicals orders remained unchanged in the 27-member EU and were down by 2.4% in the eurozone.

Compared with July, total industrial new orders in August rose by 1.2% in the EU and increased by 2.0% in the eurozone.

New orders	Aug 2009 vs Aug 2008 (%)	Aug 2009 vs July 2009 (%)
EU chemicals	-21.0	0.0
Eurozone chemicals	-21.6	-2.4
EU industry	-22.3	1.2
Eurozone industry	-23.1	2.0

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By: Franco Capaldo
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