Germany's unemployment increased more than expected in September as subdued economic activity damped job creation, official data revealed on Tuesday. The number of unemployed increased by 14,000 in September, reversing a fall of 7,000 in August, the Federal Employment Agency said. Unemployment was forecast to rise by 8,000. The number of unemployed reached 2.98 million. The jobless rate remained u...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.