The Federal Labour Office released German labour market data on Thursday. The number of unemployed people in Germany declined by 14,000 in November, beating expectations for a 1,000 decline, after a 23,000 drop in October. October's figure was revised up from a 22,000 decrease.

There were 2.717 million people out of work in November, the lowest level in three years.

Germany's adjusted unemployment rate remained unchanged at 6.6% in November, beating expectations for an increase to 6.7%. October's figure was revised down from 6.7%.

The Federal Labour Office President Frank-Jürgen Weise said that "the labour market developed positively despite only moderate growth in Germany".