Release
Productivity flash estimate and overview, UK: January to March 2024 and October to December 2023
Released:
14 May 2024 9:30am
Next release:
15 August 2024
Summary
Productivity flash estimates for Quarter 1 (January to March) 2024, based on the GDP first quarterly estimate and labour market statistics, and productivity overview for Quarter 4 (October to December) 2023.
Data
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Labour productivity time series
Quarterly output per hour, output per job and output per worker for the whole UK economy and a range of industries.
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Unit labour cost and unit wage cost time series
Unit labour cost, average labour compensation per hour worked, labour share and unit wage cost for the whole UK economy, unit wage cost for manufacturing.
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Labour costs and labour income, UK
Labour share of income, unit labour costs (ULCs), unit wage costs (UWCs) and average labour compensation per hour worked (ALCH).
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Output per hour worked, UK
Estimates for gross value added (GVA), hours worked and output per hour worked for whole economy and section level industries, as defined by the Standard Industrial Classification (SIC) 2007. Contains annual and quarterly statistics. Includes estimates for industry quarter on quarter, year on year and quarter on year contributions to whole economy output per hour worked.
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Output per worker, UK
Estimates for gross value added (GVA), workers, and output per worker. Contains annual and quarterly statistics.
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Output per job, UK
Estimates for gross value added (GVA), jobs and output per job by section level industry, as defined by the Standard Industrial Classification (SIC). Contains annual and quarterly statistics. Contains estimates for industry quarter-on-quarter, year-on-year and quarter-on-year contributions to output per job.
About the data
National Statistics
These statistics have been given National Statistics status by the Office for Statistics Regulation. They have been produced by following the standards set out in the Code of Practice for Statistics. They meet the highest standards of trustworthiness, quality and public value.
This means that they:
- meet identified user needs
- are well explained and easily accessible
- are produced based on appropriate data and methods
- are managed impartially and objectively in the public interest