FX.co ★ UK Labor Productivity Falls More than Expected

Labor productivity in the United Kingdom, measured as output per hour worked, declined by 0.8% quarter-on-quarter in Q2 2026, a sharper fall than market expectations of a 0.5% decrease. This followed an upwardly revised 1.1% gain in Q1. On a yearly basis, productivity rose by 0.7%, slowing from a 2.1% increase in the previous quarter.