EU October industrial new orders fall 14.1%, chems down 12.6%

06 January 2010 15:52  [Source: ICIS news]

LONDON (ICIS news)--Industrial new orders in the EU fell by 14.1% year on year in October 2009, while orders for chemicals dropped 12.6%, official statistics agency Eurostat said on Wednesday.

In the 16-member eurozone, industrial new orders in October declined by 14.5% year on year, while chemicals orders were down 14.7%.

Month on month, October chemicals orders were up by just 2.76% in the 27-member EU, but were down by 0.14% in the eurozone.

Compared with September, industrial new orders in October fell by 1.6% in the EU and dropped by 2.2% in the eurozone.

New orders	Oct 2009 vs Oct 2008 (%)	Oct 2009 vs Sept 2009 (%)
EU chemicals	-12.6	2.76
Eurozone chemicals	-14.7	-0.14
EU industry	-14.1	-1.6
Eurozone industry	-14.5	-2.2

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By: Franco Capaldo
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