Figure 2: Market sector output per hour has barely increased in the last 11 years
Decomposition of cumulative quarterly growth of output per hour worked, Quarter 1 (Jan to Mar) 2008 to Quarter 2 (Apr to June) 2019
Source: Office for National Statistics
- Labour productivity growth is the cumulative quarter-on-quarter log change in market sector gross value added (GVA) per hour worked.
- Columns show contributions of components, calculated by weighting log changes in each component by its factor income share.
- Multi-factor productivity (MFP) is calculated by residual.
Download this chart