Source:Eurostat

29 APRIL 2011

ORDER BOOKS surged +2.7% month-on-month to February boosted by export order books +3.5% surge while new orders form the Euro area dipped -4%, the second consecutive decline, according to national statistics.

New orders of Capital Goods rebounded +2.9%  pushed up by the Automobile Industry's +2.3% rise along with metal-metal products' +4.4% while new orders of electric electronic equipment-IT and machinery plunged -14.7% following the previous month leap. New orders of Intermediate Goods fell -0.6% pushed down by most components respective break compared with the previous month hectic momentum: new orders of textile products stayed flat, clothing moved up -6.2%, and chemical products to +4.5%.

New orders of Durable Consumer Goods decreased -11.9% due to Intermediate Goods major components underperformance. New orders of Non Durable Goods  jumped +9.3% pushed up by pharmaceutical products +26.6% leap.

In the Euro area and on the same period, new orders moved down to +0.9% while the EU 27 performed inversely and climbed +1.2%. New orders of Capital Goods performed best and turned positive to +3.3% (+3.9% in the EU 27)  while Intermediate Goods moved down to +0.5%, (unchanged in the EU 27) the first significant decline since October. New orders of Durable Consumer Goods slowed to +1.9% (-0.5% in the EU 27) and inversely new orders of Non Durable Consumer Goods turned positive to +0.7%. (-0.1% in the EU 27).

In Germany, new orders recorded their second consecutive increase and climbed +3.2%, in Italy +0.5% but fell in Spain to -0.3%. In the UK, France's fourth major trade partner, new orders surged +2.1%.

In one year, France's new orders leaped +17.9%, the Euro area's +21.3% and the EU 27 +19.8%. New orders of Capital Goods jumped +25.7%  the sixth consecutive rise (+24.4% in the EU 27). New orders of Intermediate Goods climbed +22.7% (+20.5%), Durable Consumer Goods  edged up +7% (+1.8%) and Non Durable Consumer Goods rose +6.8% (+5.6%).

New orders in Germany leaped +27.1%, in Spain +10%, in Italy +17.5% and in the UK turned positive to +7.1%.