New Zealand's labour productivity fell 0.7 per cent in the year to March 2016, bolstered by the strong labour market as waves of migrants look for work.

Labour productivity fell as inputs rose 3.3 per cent, outstripping outputs, which were up 2.6 per cent, Statistics New Zealand said. The department noted the 0.7 per cent slide was “markedly lower” than the current incomplete cycle average (2008-2016) of a 0.7 per cent increase and the long-term average of…