GDP components · United Kingdom
United Kingdom Labour Productivity QoQ
The United Kingdom Labour Productivity QoQ is one part of the national accounts of the United Kingdom: what households spend, what businesses invest, what they earn, or how productive workers are.
- Importancia
- Medium
- Publicado
- Quarterly
- Próxima publicación
- Divisa
- GBP · pound sterling
- Banco central
- The Bank of England
Últimas cifras
El último dato, de Q2, se publicó el 2026-08-18 y fue -0.8%. Está por debajo del consenso de -0.5%. Es menos que 1.1% la vez anterior (revisado).
A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
En las últimas 4 publicaciones osciló entre -0.8% y 0.7%, con una media de -0.3%. Ha bajado tres publicaciones seguidas.
| Publicado | Para | Real | Consenso | Anterior |
|---|---|---|---|---|
| 18 Aug 2026 | Q2 | -0.8% | -0.5% | 1.1% ® |
| 17 Feb 2026 | Q4 | -0.6% | -0.6% | 0.6% ® |
| 13 Nov 2025 | Q3 | 0.7% | – | -0.7% ® |
| 14 Aug 2025 | Q2 | -0.6% | -0.5% | 0.3% ® |
Por qué importa
GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.
Cómo se calcula
the Office for National Statistics (ONS) estimates each component from surveys, tax and trade data, after inflation where noted ("real").
Qué significan los cambios
- Strong spending with weak income growth cannot last: watch the savings rate.
- Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.
Mayor de lo esperado: A stronger figure than expected points to a healthier economy: it usually supports the pound sterling and local stocks, and can push bond yields up.
Menor de lo esperado: A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
Una breve historia
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
Preguntas
What is the United Kingdom Labour Productivity QoQ?
The United Kingdom Labour Productivity QoQ is one part of the national accounts of the United Kingdom: what households spend, what businesses invest, what they earn, or how productive workers are.
What was the latest United Kingdom Labour Productivity QoQ?
-0.8% for Q2, published on 18 August 2026 (consensus -0.5%, previous 1.1%).
When is the next United Kingdom Labour Productivity QoQ?
On Tuesday 17 November 2026 at 09:30 UTC.
Solo contenido educativo, no asesoramiento de inversión. Las cifras son los resultados publicados según los registra nuestro calendario; las reacciones del mercado descritas son típicas, no garantizadas.