(Reuters) - Productivity in Britain's economy, one of its major weak points, recovered partially in the fourth quarter of 2024 but was down compared with a year previously, official data showed on
Poor UK productivity recovers partially in Q4, ONS data shows
(Reuters) - Productivity in Britain's economy, one of its major weak points, recovered partially in the fourth quarter of 2024 but was down compared with a year previously, official data showed on Tuesday.
The Office for National Statistics said output-per-hour worked increased by 0.7% in the fourth quarter, partially reversing a 1.1% drop in the third quarter.
Compared with a year earlier, output-per-hour was down 0.8%.
The productivity data are subject to greater-than-usual uncertainty because the data source for hours worked, the Labour Force Survey, is subject to sample size problems that have decreased the reliability of labour market data.
(Reporting by Andy Bruce; Editing by William Schomberg)
