Productivity update

Productivity image

UK productivity (as measured by output per hour) is estimated to have grown by 0.4% between the 2nd and 3rd quarters of 2016, according to figures release by the ONS (Jan 6th 2016). Despite the growth, there remains a ‘productivity puzzle’, with growth in productivity lower than before the economic downturn. The overall growth figures also hide the problem of poor manufacturing productivity, which fell by 0.2%, masked only by rising productivity in the service sector.

Productivity Update | amCharts

Percentage changes on quarter a year ago

Productivity

International Comparisons

Productivity (2016) Comparisons | amCharts