Wholesale Prices in U.S. Increase 0.8%, Led by Food, Energy
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Wholesale costs in the U.S. rose more than forecast in April, led by higher prices for food and fuel.
The 0.8 percent increase in the producer-price index compares with the 0.6 percent median estimate of economists surveyed by Bloomberg News, Labor Department figures showed today in Washington. The core measure, which excludes volatile food and energy costs, climbed 0.3 percent, more than projected.