U.S. Wholesale Prices Climbed More Than Forecast in November

U.S. wholesale prices rose more than forecast in November, boosted by a jump in the costs of goods that included gasoline, a Labor Department report showed Tuesday in Washington.

Price pressures in the production pipeline are firming up gradually, with commodity costs rising the most since January even as services prices cooled. The report showed a 1 percent gain in the cost of goods, with more than two-thirds of the gain due to a 15.8 percent jump in gasoline prices that was the biggest since 2009.