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As base effect wears off, producer prices fall by just 0.1 pct in Mar
Greece’s Producer Price Index (PPI) recorded only a marginal contraction in March, dropping by 0.1 percent year-on-year (YoY), after falling by 4.3 percent in February, ELSTAT data showed on Tuesday.
The index had been growing over a two-year period since March 2021, before it turned negative in March last year and has been contraction since, although some of the base effects had been wearing off.
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