During the second quarter of 2018, British GDP experienced an acceleration of 0.15 p.p. in its year-over-year growth rate compared to the previous quarter, standing at a rate of 1.22%. As for the labor market, the unemployment rate decreased when compared to 1Q18, standing at 4%, while the employment recorded a 0.90% y/y growth. The sterling pound registered a slight depreciation against the dollar and stood at 1.36 $/£. Lastly, inflation stood at 2.40%, lower than the rate from the previous quarter.
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