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Portugal Producer Prices Decline In September

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Tuesday, the Statistics Portugal announced that the producer price index or PPI decreased 5.2% year-on-year in September, compared to the 5.5% fall in the previous month.

On a monthly basis, the PPI dropped 0.3% in September, compared to a 0.6% decline a year ago.

In the third quarter, producer prices were down 5.8% annually, after falling 4.8% in the second quarter.

Meanwhile, the manufacturing Industry prices decreased 7.2% on an annual basis in September, compared to the 7.5% fall in August.

Tuesday, the Statistics Portugal announced that the producer price index or PPI decreased 5.2% year-on-year in September, compared to the 5.5% fall in the previous month. (Market News Provided by RTTNews)

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