The new projection for productivity

growth is 4.6% lower at the start of

2022 than was forecast at the

spring budget

Non-oil GVA productivity per hour

(2008 Q1 = 100)

115

110

November

2010

March

2017

105

100

November

2017

95

Outturn

90

04

06

08

10

12

14

16

18

20

22

Guardian graphic | Source: Resolution Foundation,

OBR, Economic and fiscal outlook, various

The new projection for productivity growth is 4.6% lower

at the start of 2022 than was forecast at the spring budget

Non-oil GVA productivity per hour (2008 Q1 = 100)

115

November

2010

March

2016

110

March

2017

105

November

2017

100

Outturn

95

90

04

06

08

10

12

14

16

18

20

22

Guardian graphic | Source: Resolution Foundation, OBR, Economic and fiscal outlook, various