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Canada Labor Productivity QoQ

Latest Release

Dec 04, 2024

Actual

-0.4%

Forecast

0.2%

-0.1%

Labour Productivity measures the change in output per unit of labour throughout the Canadian economy. Higher productivity indicates greater efficiency and either results in greater profitability of firms or higher wages that do not result in inflation.

A reading that is stronger than forecast is generally supportive (bullish) for the CAD, while a weaker than forecast reading is generally negative (bearish) for the CAD.

Importance:

Country:

Currency: CAD

Source: Statistics Canada

Release Date	Time	Actual	Forecast	Previous
Dec 04, 2024 (Q3)	13:30	-0.4%	0.2%	-0.1%
Sep 05, 2024 (Q2)	12:30	-0.2%	-0.1%	-0.3%
Jun 05, 2024 (Q1)	12:30	-0.3%	-0.2%	0.2%
Mar 06, 2024 (Q4)	13:30	0.4%	0.2%	-0.5%
Dec 06, 2023 (Q3)	13:30	-0.8%	-0.6%	-0.1%
Sep 06, 2023 (Q2)	12:30	-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 11, 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...

Canadian labor productivity -0.1% vs. 0.2% forecast By Investing.com - Jun 05, 2015

Investing.com - Canadian labor productivity fell unexpectedly in the last quarter, official data showed on Friday.In a report, Statistics Canada said that Canadian labor productivity fell to a...

Analysis

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Despite a paucity of corporate earnings, there is no shortage of fodder for traders as we approach a key moment for Brexit, the final nonfarm payrolls release before the Fed’s December meeting...

Week Ahead: Central Bank Meetings In Focus By Neil Wilson - Sep 01, 2017

The Labour Day holiday in the US should make for a fairly sedate start to the week; but it should be plenty busy with several central bank meetings. The central banks of Australia and Canada will are...

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