During the third quarter of 2017, Italian GDP recorded an acceleration of 0.16 p.p. in its year-over-year growth rate with respect to the previous quarter, up to 1.69%. This behavior was explained by the acceleration recorded in the services sector and industry, excluding construction. In the labor market, the year-over-year growth rate of employment registered an increase, and the unemployment rate stood at a rate of 11.19%. With respect to the exchange rate, the euro recorded a slight appreciation against the dollar, standing at 1.17 $/€ in the third quarter of the year.
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