Seasonally adjusted number of unemployed fell by 20,000 in July of this year, according to the Federal Bureau of Statistics of Germany. However analysts predicted decline of 18 000. The previous month the index fell by 20 000. It is worth noting that the number of unemployed people in Germany steadily declining since July 2009, notes the website about forex FxTeam.
Unemployment rate seasonally adjusted was 7.6% in July compared with 7.7% a month earlier. The value index corresponds to analysts' forecasts.
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