Wholesale prices in the U.S. climbed more than forecast in June as the cost of fuel picked up.
The 0.4 percent increase in the producer-price index followed a 0.5 percent gain in May, Labor Department figures showed Wednesday in Washington. The median forecast of 70 economists surveyed by Bloomberg called for a 0.2 percent advance. Costs fell 0.7 percent over the past 12 months.