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.
- Importance
- Medium
- Publié
- Quarterly
- Prochaine publication
- Devise
- GBP · pound sterling
- Banque centrale
- The Bank of England
Derniers chiffres
La dernière publication, pour Q2, est parue le 2026-08-18 et s’est établie à -0.8%. C’est en dessous du consensus de -0.5%. C’est moins que 1.1% la fois précédente (révisé).
A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
Sur les 4 dernières publications, la valeur est allée de -0.8% à 0.7%, avec une moyenne de -0.3%. Elle a baissé trois publications d’affilée.
| Publié | Pour | Réel | Consensus | Précédent |
|---|---|---|---|---|
| 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% ® |
Pourquoi c’est important
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.
Mode de calcul
the Office for National Statistics (ONS) estimates each component from surveys, tax and trade data, after inflation where noted ("real").
Ce que signifient les variations
- 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.
Supérieur aux attentes : 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.
Inférieur aux attentes : A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
Un bref historique
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
Questions
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.
Contenu éducatif uniquement, pas un conseil en investissement. Les chiffres sont les résultats publiés tels qu’enregistrés par notre calendrier ; les réactions de marché décrites sont typiques, non garanties.