FOREX TradingCharts.com

Financial News: UK Labor Productivity Declines In Q3

UK Labor Productivity Declines In Q3

01/11/2022 - 07:50:00 (RTTNews)

(RTTNews) - UK output per hour worked decreased in the third quarter but remained above the pre-pandemic level, the Office for National Statistics said on Tuesday.

Output per hour worked decreased 1.4 percent from the second quarter. Nonetheless, this was 1.1 percent above the average level in 2019, prior to the coronavirus pandemic.

At the same time, output per worker was 0.6 percent below pre-coronavirus pandemic levels, despite a rise of 0.3 percent on the quarter.

Multifactor productivity was 1.5 percent above its 2019 average level in the third quarter.

Data showed that public service productivity increased 0.6 percent from the previous quarter, driven by the first fall in public service inputs since before the coronavirus pandemic. Public service productivity was 8.1 percent lower than the 2019 average level.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2022 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Belgium Growth Strengthens In Q4 (02 hr(s), 16 min(s), 30 sec(s) ago)
(RTTNews) - Belgium's economy grew at a faster pace in the final three months of 2021, prelimi ...Full Story»

U.S. Consumer Sentiment Drops More Than Initially Estimated In January (03 hr(s), 14 min(s), 30 sec(s) ago)
(RTTNews) - Consumer sentiment in the U.S. deteriorated by more than initially estimated in the mo ...Full Story»

Hong Kong Growth Slows In Q4 (03 hr(s), 17 min(s), 30 sec(s) ago)
(RTTNews) - Hong Kong's economic expansion slowed in the fourth quarter of 2021 as investment ...Full Story»

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps (04 hr(s), 46 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story»

U.S. Personal Income Rises Less Than Expected In December (05 hr(s), 25 min(s), 30 sec(s) ago)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story»

Ireland Retail Sales Fall Further In December (06 hr(s), 43 min(s), 30 sec(s) ago)
(RTTNews) - Ireland's retail sales declined at a faster pace in December, figures from the Cen ...Full Story»

Latvia Retail Sales Rise In December (06 hr(s), 43 min(s), 30 sec(s) ago)
(RTTNews) - Latvia's retail sales grew in December, figures from the Central Statistical Burea ...Full Story»

Eurozone Money Supply Growth Slows; Credit To Private Sector Improves (06 hr(s), 46 min(s), 30 sec(s) ago)
(RTTNews) - Eurozone money supply grew at a slower pace in December and the annual growth in credi ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Belgium Growth Strengthens In Q4

01/28/2022 - 11:46 AM (RTTNews)
(RTTNews) - Belgium's economy grew at a faster pace in the final three months of 2021, prelimi ...Full Story>>

U.S. Consumer Sentiment Drops More Than Initially Estimated In January

01/28/2022 - 10:48 AM (RTTNews)
(RTTNews) - Consumer sentiment in the U.S. deteriorated by more than initially estimated in the mo ...Full Story>>

Hong Kong Growth Slows In Q4

01/28/2022 - 10:45 AM (RTTNews)
(RTTNews) - Hong Kong's economic expansion slowed in the fourth quarter of 2021 as investment ...Full Story>>

U.S. Personal Income Rises Less Than Expected, Personal Spending Slumps

01/28/2022 - 09:16 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story>>

U.S. Personal Income Rises Less Than Expected In December

01/28/2022 - 08:37 AM (RTTNews)
(RTTNews) - A report released by the Commerce Department on Friday showed personal income in the U ...Full Story>>

Do not sell my personal information

Copyright © 2022. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.