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Canada Q3 labor productivity -0.8% vs -0.6% expected

Canada Q3 labor productivity -0.8% vs -0.6% expected

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Adam Button
06/12/2023 | 13:30 GMT
  • Third quarter productivity data from Canada
  • Prelim was -0.6%
  • Prior was -0.1%
  • Hours worked +0.1%

This was the sixth consecutive quarterly decline in productivity. Stats Can said the decline in productivity in the third quarter mainly reflects the contraction in business output

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