During the fourth quarter of 2017, the German economy recorded an acceleration of 0.20 p.p. in its year-over-year growth rate in comparison with the previous quarter, standing at 2.91%. The year-over-year growth rate of domestic demand dropped to 1.99%. Regarding the labor market, the unemployment rate went down to 3.57% and the year-over-year growth rate of employment increased when compared to the third quarter up to 1.47%. The euro appreciated against the dollar, registering an exchange rate of 1.18 $/€. Finally, the inflation stood at 1.66%.
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