PRICES FOR WHOLESALE FOODS ADVANCED 0.5% IN MAY

WASHINGTON -- The Labor Department reported that wholesale prices for foods in May rose 0.5% -- the largest one month increase since January.Compared with year-ago levels, wholesale food prices increased 1.4% as measured by the Producer Price Index.Producer prices for dairy products rose 1.3%, following a 7.1% decline in April. The indexes for pork, processed young chickens, unprocessed shellfish

WASHINGTON -- The Labor Department reported that wholesale prices for foods in May rose 0.5% -- the largest one month increase since January.

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