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Drop in energy prices bring import index down by 5.5 pct YoY in Oct
Greece’s import price index remained in contraction in October, dropping by 5.5 percent year-on-year (YoY), after a 10.6 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Friday.
The index recorded more than one year of consecutive negative readings, however, import prices had been on the rise since March this year. It is now four successive months of contraction since July.
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