Sentences with phrase «annual drop in energy prices»
The main culprit was a 5.7 percent annual drop in energy prices.
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However, annual growth of 1.2 % must be considered disappointing when seen in light of the various forms of stimulus provided by the European Central Bank (ECB) and by the drop in energy prices.
U.S. producer prices fell in March for the first time in seven months, weighed down by a drop in the cost of services and energy products, but the largest annual increase in five years suggested inflation was rising.