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Import price index falls for third straight month in Apr as energy prices contract by 35 pct

The contraction of Greece’s import price index accelerated further in April, as it fell by 17.5 percent year-on-year (YoY), after dropping by 12.7 percent in March, according to data released by the Hellenic Statistical Authority (ELSTAT) on Wednesday.
This is the third negative reading on the bounce. February was the first negative print since January 2021, when the index had dropped by 4.8 pct. After that the index expanded, until January this year.
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