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Electronics Production | February 27, 2009

Orders for manufacturing of electronics equipment decreased 3.2% in Europe

Industrial new orders fell by 5.2% in the eurozone in December after dropping by 5.4% in November, state statistics released by Eurostat.
Within the European Union (EU), new orders declined by 6.4% in December, compared with 5.1% in November. The machinery and equipment manufacturing industry was hit hardest, with new orders dropping 12.3% in the eurozone and 9.4% in the EU.

Industrial new orders for manufacturing of electrical and electronic equipment decreased by 1.7% and 3.2%.

The largest decreases were recorded in the Netherlands, where industrial orders fell by 15.1%, followed by Hungary (13%), Ireland (12.2%) and Slovakia (11.4%).

Orders rose in four and fell in 16 – increases were registered in Latvia (5.8%), Greece (2.8%), France (1.5%) and Spain (0.9%).



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