Figure 17: Output per hour relative to trend: previously published compared with indicative Blue Book 2016, Quarter 1 2008=100
Chained volume measure, seasonally adjusted
Source: Office for National Statistics
Note that these estimates of Blue Book 2016 consistent productivity are indicative: A complete set of Blue Book 2016 consistent labour productivity data will be published on 8 July 2016.
The trend rate is calculated by taking a compound average growth rate of both series between Quarter 1 (Jan to Mar) 1997 and Quarter 4 (Oct to Dec) 2007. This is then applied to both series from Quarter 1 (Jan to Mar) 2008 onwards.