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.
- Важность
- Medium
- Опубликовано
- Quarterly
- Следующая публикация
- Валюта
- GBP · pound sterling
- Центральный банк
- The Bank of England
Последние данные
Последняя публикация, за Q2, вышла 2026-08-18; значение: -0.8%. Это ниже консенсус-прогноза -0.5%. Это ниже, чем 1.1% в прошлый раз (пересмотрено).
A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
За последние 4 публикаций значение колебалось от -0.8% до 0.7%, в среднем -0.3%. Показатель снижался три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 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% ® |
Почему это важно
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.
Как считается
the Office for National Statistics (ONS) estimates each component from surveys, tax and trade data, after inflation where noted ("real").
Что означают изменения
- 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.
Выше ожиданий: 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.
Ниже ожиданий: A weaker figure than expected points to slowing activity: the pound sterling tends to soften and markets price in lower rates.
Краткая история
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
Вопросы
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.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.