During the second quarter of 2018, Mexico recorded a year-over-year growth rate of 1.56%, which supposed a deceleration of 0.71 p.p. compared to the previous quarter. This behavior was mainly due to the quarterly deceleration experienced by both domestic and external demand. Regarding the labor market, the unemployment rate increased to 3.34%. The Mexican peso depreciated against the US dollar, and registered an average exchange rate of 19.51 MXN/USD during the second quarter of the year.
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