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Retail sector performance

Productivity (£ thousand) - wholesale and retail sector

Current Value

£48

2022

Definition

What is this about?

This indicator is a measure of the wholesale and retail sector's productivity showing the value of economic output produced per employee. It is calculated by dividing Gross Value Added by the number of full-time equivalent (FTE) employees working in the sector. The results from previous years have been adjusted to account for inflation and allow comparisons over time.