Industrial New Orders Down By 6.4% In EA17

The index for industrial new orders for the euro area fell by 6.4% in September 2011 compared with August according to Eurostat. In the EU27 the index fell by 2.3%. If the more volatile sectors are excluded the falls were 4.3% in the euro area and 2.1% in the EU27. The annual comparison however recorded increases of 1.6% in the euro area and 2.3% in the EU27 in September 2011.