Figure 4: Decomposition of cumulative quarterly growth of output per hour worked, Quarter 1 (Jan to Mar) 2008 to Quarter 2 (Apr to June) 2018
UK, market sector
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.