Industrial new orders down by 3.4 percent in June 2011

Newsroom 24/08/2011 | 14:47

In June 2011, the index for industrial new orders in EU 27 decreased by 0.3 percent, after an increase of 1.2 percent in May, according to data from Eurostat. Excluding ships, railway and aerospace equipment, for which changes tend to be more volatile, industrial new orders declined by 2.2 percent in the EU27.

Romania registered a 3.4 percent decrease in total manufacturing working on orders in June 2011 compared to the previous month. The average drop in the EU 27 was 0.3 percent. The evolution year on year from June 2010 to June 2011 was positive for Romania, as industrial new orders increased by 2.3 percent. The EU 27 average growth for the same period was 8.5 percent.

Romania’s industrial new order indices improved by 6 point, from 182 in June 2010, to 187.8 in June 2011. The lowest value was registered in June 2009, when only 139.9 points were achieved.

Ovidiu Posirca

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