India, April 17 -- Portugal's producer prices decreased for the third straight month in March, figures from Statistics Portugal showed on Thursday.
The producer price index fell 1.4 percent year-on-year in March, following a 0.2 percent decrease in the previous month.
The downward trend was largely driven by a 3.0 percent decline in prices for non-durable consumer goods and a 1.4 percent cheaper energy costs.
Prices for intermediate goods dropped 1.2 percent from last year, while prices for capital goods rose at a slower pace of 0.8 percent.
Excluding the energy group, producer prices increased at a stable rate of 1.4 percent.
On a monthly basis, producer prices fell 1.3 percent, reversing a 0.3 percent rebound in February.
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