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U.K. Labour Productivity

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U.K. Labour Productivity

Frequency

Delivery Method

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Status

 
Latest Release
Apr 14, 2021
Actual
-0.7%
Previous
4.0%
Labor Productivity measures the change in labor efficiency of the United Kingdom workers when producing goods and services. Productivity and labor-related inflation are directly linked, a drop in a worker's productivity is equivalent to a rise in their wage. When businesses pay more for labor the higher costs are usually passed on to the consumer. A higher than expected reading should be taken as positive/bullish for the GBP, while a lower than expected reading should be taken as negative/bearish for the GBP.
Importance:
Country:
Currency: GBP
Source: Office for National Statistics
U.K. Labour Productivity
 
Release Date Time Actual Forecast Previous
Apr 14, 2021 (Q4) 09:30 -0.7%   4.0%
Feb 23, 2021 08:00   -1.1%   4.0%
Jan 19, 2021 (Q3) 10:30 4.0%   -1.0%
Nov 12, 2020 08:00   3.0%   -1.8%
Nov 04, 2020 (Q2) 10:30   -1.8%   0.2%
Oct 13, 2020 (Q2) 07:00 -2.0%   -0.5%

News

UK Stocks-Factors to watch on June 5
UK Stocks-Factors to watch on June 5 By Reuters - Jun 05, 2020

June 5(Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Friday, with futures FFIc1 up 0.7%. * CONSUMERS: British consumer confidence in late May fell to its lowest in over a decade...

Analysis

Labour Productivity Discussion

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