Manufacturing demand falls off

IRELAND suffered the greatest fall in new manufacturing orders of any EU country in November with the figures showing a drop of 26.5% compared with the same month the previous year.

Comparing the monthly figures, the country showed the second largest decrease, with orders down 4.4% compared to October.

Orders rose in 13 countries and fell in eight. For the euro area generally new industrial orders rose by 1.6% in November compared with the previous month, in stark contrast to October’s 1.9% drop.