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Canada Labor Productivity QoQ
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Latest Release
Sep 05, 2024
Actual-0.2%
Forecast-0.1%
Previous-0.3%
Labor Productivity measures the change in labor efficiency of Canadian workers when producing goods and services. Productivity and labor-related inflation are directly linked, a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
A higher than expected reading should be taken as positive/bullish for the CAD, while a lower than expected reading should be taken as negative/bearish for the CAD.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 05, 2024 (Q3) | 00:30 | -0.2% | |||
| Sep 05, 2024 (Q2) | 23:30 | -0.2% | -0.1% | -0.3% | |
| Jun 05, 2024 (Q1) | 23:30 | -0.3% | -0.2% | 0.2% | |
| Mar 07, 2024 (Q4) | 00:30 | 0.4% | 0.2% | -0.5% | |
| Dec 07, 2023 (Q3) | 00:30 | -0.8% | -0.6% | -0.1% | |
| Sep 06, 2023 (Q2) | 23:30 | -0.6% | -0.1% | -0.8% |
News
Canadian labor productivity -0.3% vs. -0.4% forecast
By Investing.com - Sep 02, 2016
Investing.com - Canadian labor productivity fell less-than-expected in the last quarter, official data showed on Friday.In a report, Statistics Canada said that Canadian labor productivity fell to a...
Forex - Euro rises to 1-1/2 week highs after yuan devaluation
By Investing.com - Aug 12, 2015
Investing.com - The euro rose to one-and-a-half week highs against the dollar on Tuesday after an unexpected devaluation of the yuan by China’s central bank prompted investors to unwind...
Labor Productivity (QoQ) Discussion
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