The Federal Labour Agency released its unemployment figures for Germany on Tuesday. The number of unemployed people in Germany declined by 7,000 in August, exceeding expectations for a 2,000 decline, after a 8,000 rise in July. July's figure was revised down from a 9,000 increase.

The number of unemployed people was 1.97 million in July, according to Destatis.

Germany's adjusted unemployment rate remained unchanged at 6.4% in July, in line with expectations.