German jobless rate edges up in July
Germany's jobless rate rose unexpectedly in July to 6.4 percent "mainly owing to seasonal factors" against a backdrop of weak labour market momentum, the federal employment agency BfA said on July 31.
Analysts polled by Factset had forecast a figure of 6.3 percent, as per the previous two monthly readings.
Less representative but widely publicly discussed raw data showed the number of jobless rising 71,000 across July to surpass the three million mark for the first time since May.
Seasonally adjusted figures showed the number as up by 6,000.
