During the third quarter of 2018, the United States recorded a GDP deceleration of 0.80 p.p. compared to the previous quarter, registering a y/y growth rate of 3.40%. This performance was mainly due to the performance of net exports of goods and services, after imports accelerated by 9.90 p.p. and exports decelerated by 14.20 p.p. With respect to the labour market, the unemployment rate decreased by 0.10 p.p. to 3.80%. Inflation for the period was 2.61%, after decreasing by 0.04 p.p. with respect to the second quarter, while the dollar appreciated against the euro, recording an average exchange rate of 1.16 $/€ during the third quarter of the year.
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