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Luxembourg: Textiles and Textile Products Manufacturing Fell in Jan

Luxembourg: Textiles and Textile Products Manufacturing Fell in Jan

Write: Christie [2011-05-20]

EUROSTAT reported that the Industrial new orders down by 5.9 percent in euro-zone and EU25 down by 3.8 percent in January 2006.

The euro-zone1 industrial new orders index2 fell by 5.9 percent in January 2006 compared to December 2005 after rises of 5.3 percent in December3 and 4.9 percent in November.

EU25 new orders decreased by 3.8 percent in January 2006, after increases of 5.8 percent in December3 and 3.5 percent in November.

In both zones these changes were strongly influenced by erratic orders for heavy transport equipment: excluding ships, railway and aerospace equipment4, industrial new orders grew by 0.2 percent in January 2006 in the euro-zone and by 2.3 percent in the EU25.

In January 2006 compared to January 2005, industrial new orders increased by 9.7 percent in the euro-zone and by 11.1 percent in the EU25. Total industry excluding ships, railway and aerospace equipment increased by 10.7 percent in the euro-zone and by 12.9 percent in the EU25.

Monthly changes - In January 2006 compared to December 2005, machinery and equipment increased by 1.9 percent in the euro-zone and 3.4 percent in the EU25.

Chemicals and chemical products fell by 0.3 percent in the euro-zone, but grew by 0.2 percent in the EU25.

Manufacturing of textiles and textile products fell by 1.6 percent in both zones, and transport equipment decreased by 14.4 percent in the euro-zone and by 8.7 percent in the EU25.

In January 2006, and among the Member States for which data are available, total manufacturing working on orders rose in ten Member States and fell in six. The highest rises were recorded in Hungary (+35.9 percent), Poland (+32.4 percent), Sweden (+6.3 percent), Ireland and the Czech Republic (both +4.0 percent). The largest decreases were registered in France (-15.1 percent), Portugal (-12.6 percent), Latvia (-3.0 percent) and Belgium (-1.5 percent).