Labour productivity: Oct to Dec 2016

What's in the bulletin?

  • UK labour productivity, as measured by output per hour, is estimated to have grown by 0.4% from Quarter 3 (July to Sept) 2016 to Quarter 4 (Oct to Dec) 2016; however, over a longer time-period, labour productivity growth has been lower on average than prior to the downturn.
  • Productivity grew in both services and manufacturing industries; services productivity grew by 0.8% on the previous quarter, while manufacturing productivity grew by 1.7% on the previous quarter.
  • Earnings and other labour costs growth outpaced productivity growth, resulting in unit labour cost (ULC) growth of 2.1% in the year to Quarter 4 2016.
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