During the fourth quarter of 2017, USA GDP recorded an acceleration of 0.28 p.p. in its y/y growth rate, with respect to the previous quarter, reaching the amount of 2.58%. This behavior was explained by the increase presented in the y/y growth rate of domestic demand, driven by consumption and government expenditure. In regards to the labor market, the unemployment rate went down to 4.10%. The inflation of the period was 2.13%, while the US dollar depreciated against the euro, registering an average exchange rate of 1.18 $/€ over the fourth quarter of the year.
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