During the fourth quarter of the year, the Polish economy slowed its year-over-year rate to 3.24%. This was due to the worse performance of the internal demand. As for the labor market, the unemployment rate stood at 2.90% in the fourth quarter of 2019, decreasing with respect to 3Q19. For its part, the year-over-year growth rate of employment decreased down to 2.10%. The zloty appreciated against the euro in the fourth quarter of 2019, with the exchange rate at PLN 4.27/€, PLN 0.08/€ lower than in 3Q19.
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