I can't seem to get gnuplot to properly plot my time data. (I'm using version 4.6, patchlevel 3.)
For an MWE (well, non-working...), the input file
reset
set xdata time
set timefmt "%H:%M:%S"
set format x "%H:%M:%S"
plot '-' using ($1):($2) with lines lw 3
15:36:12 1.0
15:43:17 3.0
16:12:02 2.0
e
produces the following output:

Apparently, gnuplot interprets the hours as seconds and ignores the rest. I have tried a bunch of other format strings (also single/double quotes), but gnuplot seems to ignore everything except the first number.
Is something wrong with my format, or is this a bug, or something else?