Total Factor Productivity of the United Kingdom Food Chain 2023 – revised figures
Annual information on the productivity of the UK food chain.
Documents
Details
The total factor productivity of the United Kingdom food chain is examined within the four main food industry sectors and compared to the wider economy. Total factor productivity relates the volume or value of output to the volume or value of labour, capital and purchases, and so can provide a measure of efficiency. Total factor productivity provides a comprehensive picture of growth. Presented as an index, it relates major inputs of labour, intermediate purchases and capital consumption to outputs (turnover). There is a practical upper limit on the quantity of food that people in the UK want to consume but increases in outputs can be achieved by increases in the quality of foods (value added) and by increases in exports. Increases in total factor productivity can be achieved through increases in outputs and/or by reductions in inputs.
Next update: see the Statistics release calendar
Defra statistics: family food
Email familyfood@defra.gov.uk
You can also contact us via Twitter: https://x.com/DefraStats