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flag Eurozone producer prices dropped 1.6% in March, driven by a sharp decline in energy costs.

flag Eurostat reports that the Eurozone's producer prices fell 1.6% in March, marking the first decline in six months, mainly due to a 5.8% drop in energy prices. flag Excluding energy, prices saw a slight 0.1% increase. flag Yearly producer price inflation eased to 1.9% from 3.0% in February.

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