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

• 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 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.

This article was written by Adam Button at www.forexlive.com.