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The German central bank has forecast a rise in the unemployment rate in the country over the next three months, with the decline in industrial activity and the weakening of exports, thus putting pressure on the biggest economy d & # 39; Europe.
Official data showed that the number of unemployed in Germany rose in May, contrary to expectations, and that the unemployment rate reached 5%, while the low level was 4.9%.
The Bundesbank said Monday in its monthly report that total output is expected to contract in the second quarter of this year.
He added that, even if domestic demand continued to support growth, the deceleration would likely have had an impact on the labor market.
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