Chart 1
Productivity declines again after two quarters of slight decline

quarterly % change -1.0 -0.5 0.0 0.5 1.0 1.5 2.0 IV 2022 I II 2023 III IV I II 2024 III Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
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Chart description


This is a combined line chart.

Productivity declines again after two quarters of slight decline, quarterly % change
  Real gross domestic product Labour productivity Hours worked
Fourth quarter 2022 -0.5 -0.9 0.4
First quarter 2023 1.0 -0.7 1.7
Second quarter 2023 0.2 -0.4 0.6
Third quarter 2023 -0.4 -0.5 0.1
Fourth quarter 2023 0.4 0.5 -0.2
First quarter 2024 0.3 -0.2 0.5
Second quarter 2024 0.5 -0.1 0.6
Third quarter 2024 0.1 -0.4 0.5
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