Canadian labor productivity rise 0.1 percent in fourth quarter

Fri Mar 8, 2013 8:37am EST
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March 8 - (Reuters) Canadian labor productivity rose 0.1 percent in the fourth quarter after two quarters of declines, Statistics Canada said on Friday.

On an annual basis, labor productivity of Canadian businesses edged up 0.1 percent in 2012, following annual increases of 1.1 percent the previous year and 1.6 percent in 2010.

Q4 2012 Q3 2012(rev) Q3 2012(prev) Q4 2011

Productivity +0.1 -0.4 -0.5 +0.7


Analyst surveyed by Reuters had forecast on average no change in labor productivity in the fourth quarter of 2012.

Statscan revised its quarterly data on productivity by industry covering the first quarter of 2007 to the third quarter of 2012.

(Reporting by Alex Paterson; Editing by Louise Egan)