During the third quarter of 2018, Italian GDP experienced a deceleration of 0.53 p.p. in its year-over-year growth rate when compared to the previous quarter, registering a rate of 0.66%. The y/y growth rate of Industrial Production Index decelerated by 3.39 p.p. to -0.13%. In the labour market, the unemployment rate fell when compared to the second quarter of 2018, to 10.24%, while the year-over-year rate of employment creation slowed by 0.54 p.p. to a rate of 0.86%. The euro depreciated against the dollar, recording an average exchange rate of 1.16 $/€. Finally, inflation stood at 1.48%.
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