Core Producer Prices, Jobless Claims Rise

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by Lucia Mutikani

Prices paid by U.S. factories picked up pace in March as the disruption caused by Japan's earthquake began to be felt in the auto industry and fuel prices rose strongly.

Another report on Thursday showed a surprise jump in U.S. jobless claims that raised some questions among investors about the health of the labor market recovery, though economists said the number could be a one-off.

Core U.S. producer prices rose slightly faster than expected in March from February and the increase from a year ago was the largest since August 2009.