Labor Productivity y/y reflects the ratio between the real labor efficiency and the working time spent. It is the volume of goods or services produced per working hour. Labour productivity is considered to be the driving force behind long-term changes in average living standards. Therefore, higher than expected growth may have a short-term moderate positive effect on the British pound quotes.
United Kingdom Labour Productivity y/y
Country: United Kingdom, GBP
Importance: Medium
Sector: Labor
Source: Office for National Statistics
Last release
Actual
-0.5%
Forecast
—
Previous
-0.8%
Date (GMT)
Reference
Actual
Forecast
Previous
4 Q 2025
-0.5%
—
-0.8%
4 Q 2024 prelim.
-0.8%
—
-2.3%
3 Q 2024
-2.4%
—
-1.8%
3 Q 2024 prelim.
-1.8%
—
-0.3%
2 Q 2024
-0.3%
—
-0.1%
2 Q 2024 prelim.
-0.1%
—
0.1%
1 Q 2024
0.1%
—
0.1%
1 Q 2024 prelim.
0.1%
—
-0.3%
4 Q 2023
-0.3%
—
-0.3%
4 Q 2023 prelim.
-0.3%
—
0.6%
3 Q 2023
0.6%
—
-0.3%
3 Q 2023 prelim.
-0.3%
—
0.3%
2 Q 2023
0.3%
—
0.1%
2 Q 2023 prelim.
0.1%
—
-0.6%
1 Q 2023
-0.6%
—
-0.6%
1 Q 2023 prelim.
-0.6%
—
0.0%
4 Q 2022
0.0%
—
-0.1%
4 Q 2022 prelim.
-0.1%
—
1.0%
3 Q 2022
0.9%
—
1.4%
3 Q 2022 prelim.
1.4%
—
0.4%