Germany July unemployment change -18.0k vs 41.0k expected

Latest data released by the Federal Employment Agency – 30 July 2020
– 69.0k; revised to 68.0k
– Unemployment rate 6.4% vs 6.5% expected
– Prior 6.4%
That is a positive development as unemployment actually fell in July as the economy reopens, which paints a better picture of labour market conditions in Germany.