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May 14, 2026

Producer prices shot up 6%, adding pressure on companies to hike prices for struggling customers

  • Energy prices climbed 7.8% from March to April and 22.7% from a year earlier.
    • By PAUL WISEMAN
    AP Economics Writer

    WASHINGTON — U.S. wholesale inflation came in hot last month. 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.

    The Labor Department reported Wednesday that its producer price index — which tracks inflation before it hits consumers — shot up 1.4% in April, the biggest monthly gain in more than four years.


     
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