In the third quarter of 2019, UK GDP decelerated its year-on-year growth rate to 1.24%. As for the labor market, the unemployment rate decreased with respect to 2Q19, registering 3.80%, while the year-on-year growth rate of employment also decelerated to 0.99%. The pound sterling depreciated slightly against the dollar and stood at an average exchange rate of 1.23 $/£. Finally, inflation stood at 1.83%, 0.20 percentage points lower than in the previous quarter.
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