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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessProductivity Stagnates for the 5th Straight.>
UK DATA: Productivity Stagnates for the 5th Straight Quarter
- UK Q3 Output per Hour unchanged y/y vs -0.5% Apr-Jun
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UK productivity stagnated in Q3, with output per hour unchanged over the
same period of 2018, following an unrevised 0.5% decline in Q2.
Productivity has not increased since Q2 2018, the longest stretch of
weakness since the five quarters ending in Q3 2009. Bank of England rate
setters discussed productivity weakness at their latest rate-setting
meeting, noting an increase in unit wage costs earlier in the year due
to the stagnation of output per hour.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.