In July seasonally adjusted unemployment fell 20.000 people matching expectations (Bloomberg). The unemployment rate reached 7.6 % down one tenth of a point when compared to the previous months. Employment, which lacks unemployment statistics by a month, rose a further 25.000 to 40.359 million people.
June import prices did rise a seasonally adjusted 1.0 % m/m against an expected 0.6 % (Bloomberg poll) leading to annualised changes observed in the last six months of 13.5 % following 14.3 % and 15.6 % in the previous two months. Year on year import prices rose 9.1 %, the highest y/y hike since November 2000.[more]
In June seasonally adjusted producer prices rose 0.5 % in the month against an expected 0.2 % (Bloomberg poll).[more]
May seasonally adjusted manufacturing orders dropped 0.5 % in real terms from April this year, which has been revised up by four tenth of a point to a m/m growth of 3.2 %. In the last three months orders advanced 9.0 % on the previous three months.[more]
Intake driven by base effects (May last year was the lowest in order intake). But the seasonally adjusted chart is indicative for a strong uptrend since May last year (source: VDMA).[more]
According to the Deutsche Bundesbank May preliminary calendar and seasonally adjusted retail sales excluding cars rose 0.4 % in volume terms from the previous month. In the last three-month retail sales rose 0.1 % from the previous three-month.[more]
