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Published: Saturday, 7/14/2012

Wholesale prices rise 0.1 percent in month


WASHINGTON -- U.S. wholesale prices rose 0.1 percent in June from May, the Labor Department reported Friday. That followed a 1 percent drop in May from April. In the past 12 months, wholesale prices have risen 0.7 percent. That matches the slowest pace for 12 months since October, 2009.

Excluding volatile food and energy costs, core prices rose 0.2 percent in June. In the past twelve months, core prices are up 2.6 percent.

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