Canada Q4 labor productivity +0.6% vs -0.4% prior

  • Canadian productivity data
  • Prior was -0.4% (revised to +0.1)
  • This was the highest quarterly growth rate in a year
  • For 2024 as a whole, productivity up 0.6%
Productivity

Productivity data is important in the big picture but it's very tough to measure and is often revised, as you can see. It's rarely a market mover.

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