In January 2009 compared with December 2008, the euro area1 (EA16) industrial new orders index fell by 3.4%. In December 2008 the index decreased by 8.0%. In the EU27 new orders declined by 2.2% in January 2009, after dropping by 6.8% in December 200. Excluding ships, railway & aerospace equipment, for which changes tend to be more volatile, industrial new orders fell by 3.3% in the euro area and by 3.8% in the EU27.