Investing.com - The number of unemployed people in Germany rose unexpectedly in September, while the country’s jobless rate held steady at a record low, official data showed on Tuesday.
In a report, Germany's Federal Statistics Office said the number of unemployed people increased by a seasonally adjusted 13,000 this month, compared to expectations for a drop of 2,000.
Jobless claims increased by 3,000 in August, upwardly revised from a previously reported gain of 2,000.
The report showed that Germany’s unemployment held steady at 6.7% in September, in line with expectations and unchanged from August.
EUR/USD was trading at 1.2684 from around 1.2686 ahead of the release of the data, while EUR/GBP was at 0.7799 from 0.7801 earlier.
Meanwhile, European stock markets remained mostly higher. Germany's DAX tacked on 0.1%, the DJ Euro Stoxx 50 inched up 0.3%, France’s CAC 40 added 0.4%, while London’s FTSE 100 slumped 0.1%.