Unemployment in Germany dropped for the first time in five months in December, according to data published by the German Federal Employment Agency on Tuesday.
Seasonally-adjusted unemployment registered a drop of 15,000 after the revised increase of 9,000 in November. The consensus of analysts had expected no change in the number.
Despite the downturn in unemployment in the Eurozone's largest economy, the adjusted jobless rate remained steady at 6.9%.
Earlier on Tuesday, Germany's national statistics office Destatis reported another sign of recovery as the country's November retail sales rose 1.5% month-on-month, beating analyst estimates for a 0.5% increase.
Source: LiveCharts
Seasonally-adjusted unemployment registered a drop of 15,000 after the revised increase of 9,000 in November. The consensus of analysts had expected no change in the number.
Despite the downturn in unemployment in the Eurozone's largest economy, the adjusted jobless rate remained steady at 6.9%.
Earlier on Tuesday, Germany's national statistics office Destatis reported another sign of recovery as the country's November retail sales rose 1.5% month-on-month, beating analyst estimates for a 0.5% increase.
Source: LiveCharts
