During the first quarter of 2019, Chinese GDP maintained its year-over-year growth rate with respect to the previous quarter, standing at 6.40%. Regarding inflation, CPI registered a year-over-year growth rate of 1.83%, which was 0.37 p.p. lower than the rate recorded in the previous quarter. In the labor market, the unemployment rate decreased by 0.13 p.p., standing at 3.67% rate. Finally, the Chinese Renminbi experienced an appreciation of 0.24 RMB/$ against the dollar during the first quarter of 2019, reaching a rate of 6.70 RMB/$.
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