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 |
|---|---|---|---|
| Aug 18, 2026 | -0.80 | -0.50 | -0.30 |
| May 19, 2026 | 1.10 | -0.30 | +1.40 |
| Feb 17, 2026 | -0.50 | -0.60 | +0.10 |
| Nov 13, 2025 | 0.70 | -0.10 | +0.80 |
| Aug 14, 2025 | -0.60 | -0.50 | -0.10 |
| May 15, 2025 | 0.70 | 0.70 | 0.00 |
| Feb 18, 2025 | -1.10 | -0.80 | -0.30 |
| Nov 15, 2024 | -0.80 | 0.10 | -0.90 |
| Aug 15, 2024 | 0.30 | -0.30 | +0.60 |
| May 14, 2024 | -0.90 | -1.00 | +0.10 |
| Feb 15, 2024 | 0.70 | -0.20 | +0.90 |
| Nov 21, 2023 | -0.20 | 0.70 | -0.90 |
| Oct 24, 2023 | 0.70 | 0.70 | 0.00 |
| Aug 15, 2023 | 0.70 | -0.20 | +0.90 |
| Jul 7, 2023 | -1.40 | -1.40 | 0.00 |
| May 16, 2023 | -1.40 | 0.20 | -1.60 |
| Apr 26, 2023 | 0.40 | 0.30 | +0.10 |
| Feb 14, 2023 | 0.30 | -0.30 | +0.60 |
| Jan 26, 2023 | 0.10 | 0.20 | -0.10 |
| Nov 16, 2022 | 0.20 | 0.20 | 0.00 |
| Oct 7, 2022 | 0.30 | — | — |
| Jul 7, 2022 | -0.60 | -0.70 | +0.10 |
| May 17, 2022 | -0.70 | 0.40 | -1.10 |
| Apr 7, 2022 | 1.30 | 1.00 | +0.30 |
| Feb 15, 2022 | 1.00 | -1.50 | +2.50 |
| Jan 11, 2022 | -1.40 | -1.20 | -0.20 |
| Nov 16, 2021 | -1.20 | 0.50 | -1.70 |
| Oct 7, 2021 | 0.10 | -0.50 | +0.60 |
| Date | First print | Current | Revision |
|---|---|---|---|
| May 19, 2026 | 0.90 | 1.10 | +0.20 ↑ |
| Feb 17, 2026 | -0.60 | -0.50 | +0.10 ↑ |
