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Industrial production records first contraction since Aug 2023, down 0.6 pct in Mar -
Trade deficit narrows in Mar, but exports drop by worrying 11.7 pct -
OECD sees growth stable at 2 pct this year, urges reforms and fiscal discipline -
Jobless rate falls to 10.2 pct in Mar amid expectations for strong tourism -
Manufacturing continues to expand in April, firms remain optimistic -
Stability Programme revises growth down to 2.5 pct as investment estimates prove too rosy
Producer prices drop by 7.1 pct in 2023, non-durables up by 6 pct in Dec
Greece’s Producer Price Index (PPI) contracted for the tenth successive month in December, dropping by 6.6 percent year-on-year (YoY), after falling sharply by 8.9 percent in November, 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. In January 2021 the index was just under 100 points, and at 136.78 percent in December 2023.
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