(RTTNews) - Largely reflecting a rebound in energy prices, the Labor Department released a report on Friday showing a modest increase in U.S. producer prices in the month of July. A 0.3 percent drop in prices for services less trade, transportation, and warehousing more than offset modest increases in prices for trade, transportation, and warehousing services. The Labor Department is scheduled to release its more closely watched report on consumer price inflation in the month of July next Tuesday.