Rise in EU industrial new orders index

The euro area (EA13) industrial new orders index increased by 1.7 per cent in May when compared to April, estimates released by Eurostat, the statistical office of the European Communities show.

The index fell by 0.6 per cent in April and rose by 2.9 per cent in March.

EU27 new orders gained 3.2 per cent in May, after a drop of 1.6 per cent in April and a rise of 2.7 per cent in March.

Excluding ships, railway and aerospace equipment, industrial new orders increased by 1.3 per cent in the euro area and by 1.5 per cent in the EU27 in May.

In May, compared to the same month last year, industrial new orders increased by 9.1 per cent in the euro area and by 10.2 per cent in the EU27.

Total industry, excluding ships, railway and aerospace equipment, grew by 5.5 per cent in the euro area and by 7.1 per cent in the EU27.