Producer prices shot up 6%, adding to pressure on companies to raise prices for customers (opens in new tab)

Covered by 3 sources including Yahoo Finance, whatthefuckjusthappenedtoday.com

Customers shop in the produce section of a grocery store on Monday, May 11, 2026, in Portland, Ore. (AP Photo/Jenny Kane)2026-05-13T12:41:51Z WASHINGTON (AP) — U.S. wholesale inflation came in hot last month. Producer prices rose 6% from a year earlier, most since December 2022, as the 10-week Iran war pushed up energy prices and put pressure on companies to pass along higher costs to consumers.The Labor Department reported Wednesday that its producer price index — which tracks inflation befo...

Producer prices shot up 6%, adding to pressure on companies to raise prices for customers (opens in new tab)

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