US producer inflation posts largest annual gain in 3-1/2 years as energy prices surge - Reuters

<a href="https://news.google.com/rss/articles/CBMiwwFBVV95cUxNYTVIQ0lPVDVsWHMxbEdTR0xKMWZDTFhYbjh3VTlEblpieUJZVXpWQTBGOWozZGRwNGE4VmwwSWNLUEN5dVR3Uk5PcmpPcDlpN1pRU2JCS2dNZTFua1daRGdFeHBBUUlvWUI0aFZ5S3JYb2h5aGFOTFFPdF8zY05RRE9fbHFPZXZ1Z2lGMnZ1TUJSSTdYTE5nTlN4Q2RPS0U5cFpjUWpmRVRBU18wZDhjZFJQUzloSUVMNXprZ2wwUGt2Mkk?oc=5" target="_blank">US producer inflation posts largest annual gain in 3-1/2 years as energy prices surge</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

U.S. producer prices increased more than expected in May, leading to the largest annual gain in 3-1/2 years as the Middle East conflict drove up the cost of energy products.

U.S. producer prices surged in May 2026, marking the fastest annual increase since November 2022, largely driven by a sharp rise in energy prices due to the Iran war.

Producer prices rose 1.1% in May, matching April's increase and pushing annual wholesale inflation to 6.5%, the highest since late 2022, primarily driven by higher energy costs linked to wartime disruptions.

The latest inflation report reveals that inflation in May surged to its highest level in over three years, largely driven by rising energy costs resulting from the ongoing war in Iran.

U.S. producer prices surged in May, marking the largest annual hike in over three years due to rising energy costs amid Middle East tensions, signaling growing inflation pressures.