Germany's unemployment unexpectedly increased in March and retail sales logged a surprise fall, adding evidence to the view that the biggest euro area economy landed in a technical recession in the first quarter.
The Federal Employment Agency reported Friday that the jobless rate rose to 5.6 percent in March. The rate was forecast to remain unchanged at 5.5 percent.
The number of people out of work climbed notably by 16,000 in March after an increase of 6,000 in February. Unemployment was expected to rise moderately by 3,000.
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by Renju Jaya
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