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Industrial new orders slightly down in euro-zone
2005-12-22 06:20:35 XinhuaEnglish

BRUSSELS, Dec. 22(Xinhua)-- The euro-zone industrial new orders index fell by 0.5 percent in October 2005-- in contrast toa 1.6 percent rise in September, said Eurostat, the statistical service of the European Union(EU), on Thursday.

In October 2005 compared to October 2004, industrial new orders increased by 4.4 percent in the euro-zone and 4.9 percent among the 25 members of the EU.

New orders remained stable EU-wide in October, after rises of 0.7 percent in September and 0.2 percent in August.

In October 2005 compared to September 2005, machinery and equipment grew by 2.1 percent in the euro-zone and by 3.1 percent in the whole EU.

Manufacturing of textiles and textile products increased by 0.4percent and 0.2 percent respectively.

Transport equipment fell by 0.8 percent in the euro-zone and by 2.7 percent EU-wide. Chemicals and chemical products declined by 1.2 percent in the euro-zone but increased by 0.3 percent EU-wide.

Basic metals and fabricated metal products decreased by 1.5 percent in both zones. Electrical and electronic equipment droppedby 2.8 percent in the euro-zone and by 0.4 percent in the whole EU.

On a monthly basis, the highest increases of total manufacturing working on orders were recorded in Latvia(27.9 percent), Denmark(8.8 percent), Sweden(8.4 percent) and Germany(2.6 percent). The largest decreases were registered in Malta(7.6percent), Ireland(6.0 percent), the Netherlands(4.2 percent), Estonia and Portugal(both 4.0 percent).

On a yearly basis, machinery and equipment grew by 10.3 percent in the euro-zone and by 10.7 percent EU-wide. Manufacturing of electrical and electronic equipment rose by 6.5 percent and 8.9 percent respectively. Transport equipment increased by 5.7 percentin the euro-zone and by 6.0 percent in the whole EU. Manufacturing of basic metals and fabricated metal products gained 3.5 percent and 3.9 percent respectively. Chemicals and chemical products grewby 1.9 percent in the euro-zone and by 2.4 percent in the whole EU. Manufacturing of textiles and textile products decreased by 3.4 percent and 3.8 percent respectively.

Again on a yearly basis, the highest increases in industrial new orders were registered in Latvia(40.7 percent), Hungary(24.8percent), Denmark(13.5 percent), Sweden(13.4 percent) and Lithuania(11.0 percent). The only falls were recorded in Malta(35.8 percent), Belgium(4.2 percent) and Ireland(2.4 percent). Enditem

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