UK productivity a bit stronger than thought using new measure, ONS says
UK productivity a bit stronger than thought using new measure, ONS says
Thu, September 17, 2026 at 8:53 AM UTC
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LONDON, Sept 17 (Reuters) - Britain's underlying economic growth appears to have been a bit stronger than previously estimated, the country's statistics office said on Thursday, citing a new methodology for measuring productivity.
The Office for National Statistics said an experimental approach to estimating changes in productivity showed growth in output per hour averaged 1.3% a year between 1997 and 2024.
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That compared with 1.1% growth under the ONS's current approach, the agency said.
(Writing by William Schomberg; editing by Suban Abdulla)
Source: “AOL Money”
