WASHINGTON — The producer price index fell 0.4% in June on a seasonally adjusted basis, the Labor Department reported Thursday.

That matched a 0.4% decline in February 2010, for the largest decline since a 1.3% drop in July 2009.

Core prices, which exclude food and energy, rose 0.3%.

Economists expected a 0.2% decline in PPI and a 0.2% increase in the core.

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