Breaking News

Canada Labor Productivity QoQ

Latest Release

Dec 04, 2024

Actual

-0.4%

Forecast

0.2%

-0.1%

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.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Dec 05, 2024 (Q3)	00:30	-0.4%	0.2%	-0.1%
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...

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