Producer prices rose 6% from a year earlier, the highest point in more than three years, as the Iran war pushes up energy prices and intensifies pressure on companies to pass along their rising costs to consumers.

A report released by the US Labor Department on Wednesday showed consumer prices in the United States rose by 0. 5% in May after climbing by 0.

Checking out produce prices at Publix in Florida on June 11, 2026. The national average price for fresh fruit and vegetables rose 6.7% in May.

U.S. producer prices climbed last month at the fastest pace since November 2022, fueled by a surge in energy prices after the start of the Iran war.