ecb speech, 2006-03-30
It is worth mentioning the euro area experienced a slowdown in labour productivity growth (per hour worked) at around year 2000, with productivity growth declining from 2.0% in 1996-2000 to 0.8% in 2000-2005 (compared with rates of 2.0% and 2.6%, respectively, in the US).
Sentiment: neutral
Topic: mp_economic_activity