Labour Productivity measures the amount of economic output produced per hour worked during a specific quarter. It is a fundamental driver of long-term economic growth and living standards. High productivity growth allows for wage increases without triggering excessive inflation, making it a critical metric for central bank long-term forecasting.
Calculated by dividing the total Gross Domestic Product (GDP) by the total number of hours worked in the economy during the quarter.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Sep 3, 2026 | — | 0.20 | — |
| Jun 3, 2026 | -0.50 | 0.70 | -1.20 |
| Mar 4, 2026 | -0.10 | -0.10 | 0.00 |
| Dec 3, 2025 | 0.90 | 0.40 | +0.50 |
| Sep 3, 2025 | -1.00 | 0.20 | -1.20 |
| Jun 4, 2025 | 0.20 | 0.40 | -0.20 |
| Mar 5, 2025 | 0.60 | 0.60 | 0.00 |
| Dec 4, 2024 | -0.40 | 0.20 | -0.60 |
| Sep 5, 2024 | -0.20 | -0.10 | -0.10 |
| Jun 5, 2024 | -0.30 | 0.40 | -0.70 |
| Mar 6, 2024 | 0.40 | 0.20 | +0.20 |
| Dec 6, 2023 | -0.80 | -0.60 | -0.20 |
| Sep 6, 2023 | -0.60 | -0.10 | -0.50 |
| Jun 7, 2023 | -0.60 | -0.90 | +0.30 |
| Mar 3, 2023 | -0.50 | -0.40 | -0.10 |
| Dec 1, 2022 | 0.60 | -0.60 | +1.20 |
| Sep 2, 2022 | 0.20 | -0.30 | +0.50 |
| Jun 3, 2022 | -0.50 | -0.20 | -0.30 |
| Mar 4, 2022 | -0.50 | -0.40 | -0.10 |
| Dec 3, 2021 | -1.50 | -0.80 | -0.70 |
| Sep 3, 2021 | 0.60 | 1.10 | -0.50 |
