Fuel rebound, egg shortage push up US wholesale prices

A shortage of eggs and the rebounding cost of gasoline helped push US producer prices up by 0.5 percent in May, the Labor Department reported Friday.

But fears of a surge of inflation were tempered by a low gain for core producer prices -- which exclude the volatile food and energy costs -- of just 0.1 percent over April.

Tempering gains in good prices was a flat performance in prices for services like trade and transport.