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Energy prices drive 2.8 pct YoY import price drop, as non-durable goods rise
Greece’s import price index contraction moderated further in November, dropping by 2.8 percent year-on-year (YoY), after a 5.5 percent drop in the previous month, according to data released by the Hellenic Statistical Authority (ELSTAT) on Tuesday.
The index recorded more than one year of consecutive negative readings, however, import prices had been on the rise for a spell after March 2024. It is now five successive months of contraction since July.
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