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Import prices contract again in Oct with 2.4 pct drop
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Subdued passenger car sales lead to overall drop of 1.6 pct in Nov
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Electricity propels 6.4 pct YoY jump in Oct industrial production
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RRF promise fades as growth outlook weakens
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Trade deficit drops sharply in Oct, down 6 pct in 10M
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Consumption and investments drive Q3 GDP growth of 2 pct YoY
Despite drop in input costs, rising agriculture output prices cause inflation concerns
Food inflation is currently the most prominent challenge for households, and there was more worrying data on this front from ELSTAT on Friday in the form of the release for input and output price index in the agriculture and livestock sectors.
The output index recorded an increase of 30.6 percent year-on-year (YoY) in June, from 21.8 percent in the previous month. Agriculture and Livestock output prices have been growing since March 2021.
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