During the third quarter of 2017, Argentinian GDP recorded an acceleration of 1.52 p.p. in its y/y growth rate with respect to the previous quarter, to 4.20%. This behaviour was explained by the acceleration of domestic demand and the stronger growth of investment. With regard to the labour market, the unemployment rate decreased by 0.40 p.p. down to 8.30%. The Argentinian peso depreciated with respect to the dollar in this quarter, reaching 17.28 ARS/USD. Inflation stood at 22.84% in 3Q17, after decreasing by 0.44 p.p. with respect to the previous quarter.
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