The Federal Employment Agency (Bndesagentur für Arbeit) announced on Wednesday that seasonally adjusted number of unemployed people in Germany dropped by 8,000 in September, following a decline of 9,000 in the previous month. This was in line with economists’ expectations.

Meanwhile, Germany's unemployment rate edged down to 6.3 percent from 6.4 percent in August. Economists had forecast the reading would remain at 6.4 percent.