In the European Union, industrial new orders gained 2.7% in May, after an increase of 0.3% in April, EU’s statistics office Eurostat said.
New orders rose in fifteen member states for which data are available and fell in seven. The highest increases were registered in Estonia (+14.2%), Bulgaria (+14.1%), Hungary (+9.4%) and Sweden (+5%), and the largest decreases in Latvia (-10.7%), Finland (-8.8%) and Romania.
In May compared with the year-earlier month, Romanian industrial orders rose 18.3%, the sixth biggest growth in the EU bloc. In the EU, industrial orders were up 14.3%.
Total manufacturing working on orders rose in all member states, except Latvia (-8.9%). The highest increases were registered in Estonia (+62.1%), Bulgaria (+42.9%) and Lithuania (+22.6%), and the smallest in Denmark (+0.8%), Ireland (+3.4%) and Hungary (+4.3%).