Successive forecasts have overestimated growth in productivity

Index, 2014 Q4 = 100

June 2010

March 2015

March 2016

March 2017

Official statistics

104

102

100

98

2015

2016

2017

June 2010

March 2015

March 2016

March 2017

Official statistics

104

102

100

98

2015

2016

2017