Higher fuel costs linked to the Iran conflict pushed producer prices sharply higher in May, adding pressure across the U.S. economy.
U.S. businesses faced the sharpest rise in producer prices in more than three years in May, as higher fuel costs tied to the Iran war rippled through the economy and added to broader inflation pressures.
The producer price index rose 1.1% from April … [3564 chars]
Source: International Business Times | Published: 2026-06-13T00:26:01Z
Credit: International Business Times
