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German Industry Suffered Worst Annual Drop in a Decade in June

  • Production down 5.2% from previous year as trade woes bite
  • ECB policy makers plan stimulus measures as soon as September
Volkswagen AG Retool Electric Car Factory
Photographer: Alex Kraus/Bloomberg
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German industrial production registered its biggest annual decline in almost a decade, highlighting the severity of the trade-inflicted manufacturing slump in Europe’s largest economy.