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Productivity Statistics: 1978–2012
Embargoed until 10:45am  –  18 March 2013
Key facts

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).
Graph, Measured sector producivity indexes, year ended March, 1996 to 2012.
 Geoff Bascand 18 March 2013  
 Government Statistician ISSN 1178-0630 
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