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Labour productivity growth halts in latest quarterly report

The latest productivity bulletin from the Productivity Commission has revealed that labour productivity stagnated in the March quarter, with a 0.1 per cent increase in output matched by a similar rise in hours worked.

March sees surge in global manufacturing output – JP Morgan PMI report

In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
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