Labour Productivity q/q comes in at 1.1% against no consensus

The UK’s Labour Productivity q/q figure was released today, August 18, 2026, at 08:30 UTC. The actual print came in at 1.1%. This represents an increase from the previous reading of 0.9%. No consensus figure was available for this release.

Following the release, the British Pound showed limited movement against major pairs in the initial 15 minutes. GBPUSD gained 0.9 pips, while EURGBP moved up 1.5 pips. GBPAUD declined by 5.2 pips, GBPCAD was unchanged at 0.0 pips, GBPCHF fell 2.6 pips, GBPJPY dropped 8.3 pips, and GBPNZD decreased by 12 pips. These initial moves are relatively small when compared to the typical 1-hour median moves observed after past Labour Productivity releases. For example, GBPUSD typically sees a median 1-hour move of 9 pips, and GBPNZD typically sees a median 1-hour move of 21 pips.