US: Non-farm Productivity rose 0.5% in Q1

FXstreet.com (Barcelona) - The US Labour Department informed on Wednesday that Non-farm Productivity rose 0.5% during the first quarter, missing forecasts at 0.7% albeit leaving behind the previous 1.7% contraction.

Unit Labour Costs contracted 4.3% in the same period, coming in short of expectations at 0.5% and lower than the previous rise of 4.4%.