Patrick T. Fallon/Bloomberg News
Wholesale prices in the U.S. rose in June, reflecting a jump in energy costs that is now abating.
The 0.4% increase in the producer price index followed a 0.2% drop in May, the Labor Department reported.
The median estimate in a Bloomberg News survey of 69 economists called for an advance of 0.2%. Fuel costs climbed 2.1%, the biggest gain since February 2013.
Compared with a year earlier, companies paid 1.9% more for goods and services, matching the median forecast of economists surveyed by Bloomberg and down from a 2 % year-over-year increase in May.
The core measure, which strips out volatile food and fuel costs, climbed 0.2%, matching the survey median. Those costs fell 0.1% in May.