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Unit Labor Cost

The indicator shows the dynamics of change of the labor component in the price of goods (adjusted for inflation). Unlike the situation in the Eurozone and the weak impact on the euro, the indicator released for Canada has a large influence on the Canadian dollar and, at the same time, is a strong indicator of the labor market state.

  • Release Frequency: monthly.
  • Release Schedule: 08:30 EST.
  • Source: Statistics Canada.