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August 15, 2019

German economy shrinks, casting shadow over European growth

By DAVID McHUGH
AP Business Writer

FRANKFURT, Germany — Germany's economy shrank by 0.1% in the second quarter as global trade conflicts and troubles in the auto industry held back the largest member of the 19-country euro currency union.

The weak performance darkened prospects for the entire eurozone, where the European Central Bank is poised to add more monetary stimulus at its next meeting.


 
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