During the fourth quarter of 2017, the Chilean economy recorded an acceleration of 1.08 p.p. in its year-over-year growth rate in comparison with the previous quarter, standing at 3.25%. The y/y growth rate of domestic demand accelerated 1.49 p.p. to 3.98%. Regarding the labor market, the unemployment rate went down compared to the third quarter of 2017, reaching 6.53%, and the year-over-year growth rate of employment decelerated 0.15 p.p., standing at 2.11%. The Chilean peso appreciated against the US dollar, registering an exchange rate of 633.41 $CLP/USD. Lastly, the inflation stood at 2.02%.
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