According to data, published by Eurostat, the Statistical Office of the European Communities, the euro area industrial new orders index rose by 2% MoM. In July, the index increased by 3% MoM.

In the EU 27 new orders grew by 1.2% in August 2009, after an increase of 1.6% in July. Excluding ships, railway & aerospace equipment4, for which changes tend to be more volatile, industrial new orders, rose by 2.4% in the euro area and by 2% in the EU 27.

In August 2009 as compared with August 2008, industrial new orders decreased by 23.1% YoY in the euro area and by 22.3% YoY in the EU27. Total industry excluding ships, railway & aerospace equipment dropped by 22.7% YoY in the euro area and by 22.2% YoY in the EU 27.