During the second quarter of 2019, Chinese GDP decelerated its year-over-year growth rate by 0.20 p.p. with respect to the previous quarter, standing at 6.20%. Regarding inflation, CPI registered a year-over-year growth rate of 2.67%, which was 0.84 p.p. higher than the rate recorded in the previous quarter. In the labor market, the unemployment rate decreased by 0.06 p.p., standing at 3.61% rate. Finally, the Chinese Renminbi experienced a depreciation of 0.13 RMB/$ against the dollar during the second quarter of 2019, reaching a rate of 6.83 RMB/$.
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