In the third quarter of 2019, the US economy registered a y/y growth rate of 2.10%, which represented a 0.10 p.p. acceleration over the rate of 2Q19. This behavior was mainly due to the performance of domestic investment, although exports and imports registered accelerations of 6.60 p.p. and 1.50 p.p., respectively. The unemployment rate remained constant in a rate of 3.60%, while the employment growth rate accelerated by 0.37 p.p. when compared to the previous quarter, reaching a growth rate of 1.24%. Inflation stood at 1.76%, 0.06 p.p. lower than in the previous quarter. For its part, the US dollar appreciated against the euro, to an average exchange rate of 1.11 $/€.
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