Productivity growth has declined across countries and sectors over the last four years.
The
https://nitter.privacydev.net/search?q=%23EconomicBulletin
explains that this is mainly due to within-sector developments rather than a reallocation of labour to lower productivity sectors.
Read more
https://www.ecb.europa.eu/press/economic-bulletin/focus/2024/html/ecb.ebbox202405_02~d69d7cac99.en.html

[2024-08-01 08:21 UTC]