US producer prices climbed more than forecast last month in a broad advance, indicating inflationary pressures continue to build across the nation’s economy. The producer price index for final demand increased 1% in March from the prior month after a 0.5% gain in February, the Labour Department said yesterday. The gain was twice the median projection in a Bloomberg survey of economists as cost increases for goods and services accelerated. The data, typically scheduled for release at 8:30am New York time, was delayed on the government’s website. The S&P 500 was little changed in early trading and the yield on the benchmark 10-year Treasury note increased. Excluding volatile food and energy c
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