EU chemicals new orders rise by 4.2% in January - Eurostat

23 March 2011 11:55  [Source: ICIS news]

LONDON (ICIS)--New orders for chemicals in the EU rose by 4.2% in January compared with the previous month, statistical office Eurostat said on Wednesday.

January orders for chemicals in the 17-member eurozone saw an increase to 3.8% from December 2010, according to Eurostat figures.

Year-on-year growth in new orders for chemicals in January across the 27 EU member states was 19.5%, while across the eurozone it was 22.8%.

Eurostat data showed that EU-wide new industrial orders were also higher in January compared with the previous month. Orders in the EU27 had increased by 0.2% month on month, while orders in the eurozone rose by 0.1% compared with December 2010.

Year on year, industrial new orders in January grew by 18.6% in the EU27 and 20.9% in eurozone area.

New orders	Jan 2011 vs. Dec 2010 (%)	Jan 2011 vs. Jan 2010 (%)
EU chemicals	4.2	19.5
Eurozone chemicals	3.8	22.8
EU industry	0.2	18.6
Eurozone industry	0.1	20.9

Source: Eurostat

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By: Tanzeel Akhtar
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