During 4Q19, Peru's Gross Domestic Product grew at a year-over-year rate of 1.82%, decelerating compared to the previous quarter. This performance was mainly due to the poor behavior of internal demand. In the labor market, the unemployment rate increased with respect to 3T19, up to 6.10%. The year-over-year growth rate of employment creation in Peru accelerated when compared to the previous quarter to 0.60%. The Peruvian Sol depreciated against the dollar when compared to the previous quarter, at an exchange rate of 3.36 S/$. The inflation rate decreased in 4Q19 to 1.88%.
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