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31 Mar 2015
German unemployment rate falls to record low
FXStreet (Mumbai) - As per the official data released on Tuesday, the German unemployment rate in March dipped to a record low of 6.4%, from 6.5% in February.
Germany also witnessed a drop of 15K jobs in March. The nation was expected to report a drop in the number of jobless by 10K in March after the fall by 20K in February. The unemployment rate was expected to remain unchanged at 6.5%.
Earlier today, German retail sales beat expectations as it fell 0.5% against a 0.9% fall expected. Due later today, are the Eurozone preliminary inflation number for March. The data are expected to show deflation in the headline figure along with an uptick in the core inflation figure.
Germany also witnessed a drop of 15K jobs in March. The nation was expected to report a drop in the number of jobless by 10K in March after the fall by 20K in February. The unemployment rate was expected to remain unchanged at 6.5%.
Earlier today, German retail sales beat expectations as it fell 0.5% against a 0.9% fall expected. Due later today, are the Eurozone preliminary inflation number for March. The data are expected to show deflation in the headline figure along with an uptick in the core inflation figure.