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 and eggs for fresh use also increased, after decreasing in April. Pork was up 8