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Romanian companies expect 7.3% rise in H1 2011 industrial output

Romanian companies expect the industrial output to increase by 7.3 pct in the first half of 2011 compared to same period of the year before, found the short-term trend survey conducted by the National Projection Commission (CNP).

Industrial output growth is expected to stand at 3.6 pct y-o-y in Q1. As concerns the industrial turnover, the companies expect it to rise 9 pct in Q1 and 6.4 pct in Q2, respectively, Agerpres reads.

Stocks of finished products are seen decreasing 6.8 pct in Q2, yet expected to stand 0.3 pct higher in H1, 2011 compared with the same period of the year before.

Growth in labor productivity is seen slowing down to a rate of 8 pct in H1 2011, from a rate of 21 pct in the first half of 2010, on the background of a milder decrease in the number of employees, of minus 0.3 pct in Q2 2011 and minus 1.7 pct in H1 2011, compared to a 12.8 pct dip in H1 2010.

By reference to Q1 2011, the rise in industrial output is expected to be 3.7 pct, the industrial turnover is seen growing 10.8 pct, stocks are seen falling 13.6 pct, the estimated rise in labor productivity is 2.4 pct and the average number of employees is expected to inch up by 1 percent.

Sursa: http://www.actmedia.eu

Tags: industrial output expect companies

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