Eurostat published December figures for industrial output in euro-zone

03/03/2005

According to figures released by Eurostat (Statistical Office of the European Communities) industrial new orders index in the euro-zone, comprising Belgium, Germany, Greece, Spain, France, Ireland, Italy, Luxembourg, the Netherlands, Austria, Portugal and Finland, rose by 8.8% in December 2004 compared to the previous month. The index rose by 1.7% in November and by 0.1% in October. EU25 new orders grew by 11.0% in December 2004, after rises of 0.4% in November and 1.0% in October.

 

In December 2004 compared to December 2003, industrial new orders increased by 17.0% in the euro-zone and by 18.9% in the EU25. The average industrial new orders index for the year 2004 compared to 2003 grew by 8.5% in the euro-zone and by 8.3% in the EU25.

 

In December 2004, compared to the previous month, transport equipment grew by 21.0% in the euro-zone and by 39.0% in the EU25. Manufacturing of machinery and equipment gained 6.5% and 6.4% respectively. Textiles and textile products gained 1.9% in the euro-zone and 2.2% in the EU25. Manufacturing of chemicals and chemical products increased by 1.6% and 1.9% respectively.

 

In December 2004, and among the member states for which data is available, total manufacturing working on orders rose in twelve member states and fell in one. The highest increases were registered in Lithuania (+21.9%), France (+13.6%), Latvia (+10.1%) and Poland (+9.5%). The only decrease was observed in the Czech Republic (-4.9%).

 

In December 2004, as compared to December 2003, transport equipment increased by 51.6% in the euro-zone and by 71.4% in the EU25. Chemicals and chemical products gained 7.8% in the euro-zone and 7.4% in the EU25. Manufacturing of machinery and equipment increased by 7.6% and 7.1% respectively. Textiles and textile products rose by 3.9% in the euro-zone and by 1.3% in the EU25.

 

In December 2004 total manufacturing working on orders rose in all thirteen member states for which data is available. The largest rises were recorded in Lithuania (+127.8%), France4 (+43.7%), Poland (+23.5%), Latvia (+21.1%) and the Czech Republic (+19.3%), and the lowest in Hungary (+0.5%).