Germany's adjusted jobless rate held steady at 6.9% in December, as forecast, although the number of unemployed fell for the first time since July, decreasing by 15,000 to 2.965M. "A robust jobs report...provides further support for a strong finish to 2013 from consumer spending," says economist Christian Schulz. That "raises the chances of stronger wage growth in 2014 and thus higher consumption."
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