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Italy PPI climbs for fifth month

Staff Writer |
Italy's producer prices increased for the fifth successive month in April, preliminary figures from the statistical office Istat showed Tuesday.

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Industrial producer prices climbed 3.7% year-over-year in April, faster than the 3.0% rise in March.

Prices grew 4.4% on domestic market and by 2.1% on foreign market.

On a monthly basis, producer prices edged up 0.1% from March, when it dropped by 0.1%.

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