UPDATE 1-Canada labor productivity rises 1.8 pct in second quarter

Fri Sep 5, 2014 8:36am EDT

Related Topics

(Adds details of release, background)

OTTAWA, Sept 5 (Reuters) - Canadian labor productivity in the second quarter grew 1.8 percent from the first quarter as businesses boosted their output at a much faster pace, Statistics Canada said on Friday.

Market analysts had expected productivity to rise by 1.6 percent.

Statistics Canada said the number of hours declined, also contributing to productivity growth.

(Reporting by David Ljunggren and Randall Palmer; Editing by Bernadette Baum)

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.