Chart 1
Productivity growth slows sharply in the first quarter

quarterly % change -0.6 -0.4 -0.2 0.0 0.2 0.4 0.6 0.8 1.0 1.2 1.4 Q2 2023 Q3 Q4 Q1 Q2 2024 Q3 Q4 Q1 2025 Real gross domestic productReal gross domestic product Labour productivityLabour productivity Hours workedHours worked
Note(s):
Q = quarter.
Source(s):

Chart description


This is a combined line chart.

Productivity growth slows sharply in the first quarter, quarterly % change
  Real gross domestic product Labour productivity Hours worked
Second quarter 2023 0.2 -0.3 0.4
Third quarter 2023 -0.4 -0.4 -0.1
Fourth quarter 2023 0.4 0.8 -0.4
First quarter 2024 0.3 -0.3 0.6
Second quarter 2024 0.5 -0.2 0.7
Third quarter 2024 0.5 -0.2 0.7
Fourth quarter 2024 0.6 1.2 -0.5
First quarter 2025 0.6 0.2 0.4
Note(s):
Q = quarter.
Source(s):
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