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Productivity Statistics: 1978–2013
Embargoed until 10:45am  –  18 March 2014
Key facts

For the measured sector in in the year ended March 2013:

  • Labour productivity increased 2.1 percent.
  • This was due to more growth in output (up 2.4 percent) than in labour input (up 0.3 percent).
  • Capital inputs grew by 2.4 percent.
  • Capital productivity increased by 0.1 percent.
  • Multifactor productivity (MFP) grew 1.2 percent.

Productivity is best observed in growth cycles. Growth cycles are the span of years between the peak of one cycle and the peak of a following cycle. Over the current incomplete cycle (2008 to 2013), average annual changes in the measured sector were:        

  • Labour productivity rose 1.5 percent.
  • Output rose 0.8 percent and labour input fell 0.6 percent.
  • Capital inputs grew by 2.2 percent.
  • Capital productivity fell 1.4 percent.
  • MFP rose 0.2 percent.

The measured sector includes all industries except public administration and safety, education and training, health care and social assistance and ownership of owner-occupied dwellings.

Graph, Measured sector productivity indexes, year ended March 1996 to 2013.

 Liz Macpherson 18 March 2014  
 Government Statistician ISSN 1178-0630
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