Canada Labor Productivity q/q shows a change in the efficiency of Canadian workers producing goods and services, in the given quarter compared to the previous one.
Labor productivity growth means that a certain volume of goods or services will be produced in less time. It may affect CAD quotes positively.
The chart of the entire available history of the "Canada Labor Productivity q/q" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.