Unemployment Rate s.a.

The Unemployment Rate released by the Bundesagentur für Arbeit and published by the German Statistics Office shows , in a percent basis, the amount of unemployed people in Germany, using seasonally adjusted data. A decrease in this indicator has positive implications for consumer spending which stimulates economic growth. Normally, a decrease of the figure is bullish for the EUR, while an increase is bearish.

Next event - Friday 29 November 2024 08:55

Previous
6.1%
Forecast
6.1%
Actual
-

The typical/expected impact on EUR pairs is medium.

The consensus forecast for Unemployment Rate s.a. is 6.1%. A higher value than forecast tends to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Most recent - Wednesday 30 October 2024 08:55

Previous
6%
Revised
-
Forecast
6.1%
Actual
6.1%

Trading range

Forecast history

The most recent announced value for Unemployment Rate s.a. was 6.1% against a forecast of 6.1%.

Past events

Date
Forecast
Actual
Wednesday 30 October 2024 08:55
6.1%
6.1%
Friday 27 September 2024 07:55
6%
6%
Friday 30 August 2024 07:55
6%
6%
Wednesday 31 July 2024 07:55
6%
6%
Friday 28 June 2024 07:55
5.9%
6%
Tuesday 4 June 2024 07:55
5.9%
5.9%
Tuesday 30 April 2024 07:55
5.9%
5.9%
Thursday 28 March 2024 08:55
5.9%
5.9%
Thursday 29 February 2024 08:55
5.8%
5.9%
Wednesday 31 January 2024 08:55
5.9%
5.8%
Wednesday 3 January 2024 08:55
5.9%
5.9%
Thursday 30 November 2023 08:55
5.8%
5.9%
Thursday 2 November 2023 08:55
5.8%
5.8%
Friday 29 September 2023 07:55
5.7%
5.7%
Thursday 31 August 2023 07:55
5.7%
5.7%
Tuesday 1 August 2023 07:55
5.7%
5.6%
Friday 30 June 2023 07:55
5.6%
5.7%
Wednesday 31 May 2023 07:55
5.6%
5.6%
Friday 28 April 2023 07:55
5.6%
5.6%
Friday 31 March 2023 07:55
5.5%
5.6%
Wednesday 1 March 2023 08:55
5.5%
5.5%
Tuesday 31 January 2023 08:55
5.5%
5.5%
Tuesday 3 January 2023 08:55
5.5%
5.5%
Wednesday 30 November 2022 08:55
5.5%
5.6%
Wednesday 2 November 2022 08:55
5.5%
5.5%
Friday 30 September 2022 07:55
5.5%
5.5%
Wednesday 31 August 2022 07:55
5.5%
5.5%
Friday 29 July 2022 07:55
5.4%
5.4%
Thursday 30 June 2022 07:55
5%
5.3%
Tuesday 31 May 2022 07:55
5%
5%
Tuesday 3 May 2022 07:55
5%
5%
Thursday 31 March 2022 07:55
5%
5%
Wednesday 2 March 2022 08:55
5.1%
5%
Tuesday 1 February 2022 08:55
5.2%
5.1%
Tuesday 4 January 2022 08:55
5.3%
5.2%
Tuesday 30 November 2021 08:55
5.3%
5.3%

Economic context

Recent economic data has been moderately bearish for EUR. Other recent announcements which may affect the market's interpretation of the next Unemployment Rate s.a. result:

PreviousLatest
Business ClimateBullish change-0.93-0.77
Consumer ConfidenceBearish change-12.4-13.7
Economic Sentiment IndicatorBullish change95.795.8
Harmonized Index of Consumer Prices (YoY)Bullish change1.8%2.4%
GfK Consumer Confidence SurveyBearish change-18.4-23.3
IFO – Business ClimateBearish change86.585.7
IFO – Current AssessmentBearish change85.784.3
IFO – ExpectationsBearish change87.387.2
HCOB Manufacturing PMIBearish change4645.2
HCOB Composite PMIBearish change5048.1
HCOB Services PMIBearish change51.649.2
HCOB Composite PMIBearish change48.647.3
HCOB Manufacturing PMIBullish change4343.2
HCOB Services PMIBearish change51.649.4
HCOB Composite PMIBearish change48.144.8
HCOB Manufacturing PMIBearish change44.543.2
HCOB Services PMIBearish change49.245.7
Gross Domestic Product (QoQ)Bearish change0.2%0.1%
Gross Domestic Product (YoY)Bearish change-0.2%-0.3%
Gross Domestic Product w.d.a (YoY)Bearish change0.2%0.1%
Consumer ConfidenceBullish change-12.5-12.4
Producer Price Index (MoM)Bullish change-0.5%0.2%
Producer Price Index (YoY)Bullish change-1.4%-1.1%
Core Harmonized Index of Consumer Prices (MoM)(no change)0.2%0.2%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.7%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.3%0.3%
Consumer Price Index (EU Norm) (YoY)(no change)1%1%
Consumer Price Index (YoY)(no change)0.9%0.9%
Consumer Price Index (EU norm) (YoY)Bullish change1.5%1.6%

About Unemployment Rate s.a.

Country:Germany
Currency:EUR
Source:Federal Statistics Office of Germany
Category:Labor Market
Frequency:Monthly
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