Euro zone productivity growth remains weak in Q3, data shows

Euro zone productivity growth remained weak in the third quarter despite a modest expansion in the bloc's economy, continuing a poor run that has lasted years, data from Eurostat showed on Friday. Per capita productivity was unchanged compared to the same quarter a year earlier while it expanded by 0.5% based on hours worked, or at about half the rate of overall economic growth, Eurostat said. Productivity growth has been especially weak since the pandemic and a large gap has opened between Europe and the U.S., driven by a host of factors that could persist.