For 2012:
- Labour productivity increased 1.0 percent.
- This was due to more growth in output (up 2.7 percent) than in labour input (up 1.7 percent).
- Multifactor productivity (MFP) grew 0.7 percent.
Over the period from 2008 to 2012, average annual changes were:
- Labour productivity rose 0.6 percent annually (compared with annual growth of 1.4 percent for 1996–2012).
- After accounting for differences in the skill composition of workers, labour productivity rose 0.4 percent annually.
- MFP fell 0.5 percent annually (compared with annual growth of 0.6 percent for 1996–2012).
- Capital productivity fell 2.0 percent annually (compared with annual falls of 0.6 percent for 1996–2012).
| Geoff Bascand |
18 March 2013 |
| Government Statistician |
ISSN 1178-0630 |