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Index lookup · PCU3254--3254--

US PPI — Pharmaceutical and Medicine Manufacturing

Producer Price Index for the pharmaceutical and medicine manufacturing industry group, a PCU index priced at the plant gate across prescription drugs, over-the-counter medicine, and biological products together. Index base: December 1984 = 100.

Latest value
589.969
Index · as of Aug 2026
Year-over-year change
+0.9%
BLS
Month-over-month change
+0.0%

Latest value is 1 month old. Next update expected around Sep 2026.

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Price history

Data & insights

Key figures

  • From Jan 2024 to Aug 2026 the index went from 574.0 to 590.0, a change of +2.8%.
  • Highest reading in that period: 590.0 in Aug 2026. Lowest: 574.0 in Jan 2024.
  • Largest one-month rise: +0.6% in Apr 2024. Largest one-month fall: -0.2% in Jun 2026.
  • The year-over-year change stayed within 10% either way in each of the last 20 months, so a 10% annual cap or floor would not have been reached.
Volatility (12mo)
±0.16%
Std. dev. of month-over-month change

Strongest average month-over-month move historically: April (+0.2% avg).

What this means for your clause

Cited in pharmaceutical supply and procurement agreements, particularly government and institutional purchasing contracts, as a broad benchmark across the whole drug and biologics manufacturing group. A contract for one drug class or a single molecule needs its own price term since this index averages across a very mixed product set.

Draft a clause

A starting point citing this series by name and code. Replace the bracketed terms with your contract's actual scope before use.

The [affected portion] of the Contract Price shall be adjusted using US PPI — Pharmaceutical and Medicine Manufacturing (BLS series PCU3254--3254--), published by BLS.

Base Period: the index value published for August 2026 (or the month of contract signing, if different) is the Base Value.

Adjustment: at each Adjustment Date, the Current Value is the most recently published three-month average of the index (the Averaging Window). The Escalation Factor equals Current Value divided by Base Value.

Cap: the Escalation Factor applied under this clause shall not exceed 1.10 or fall below 0.90 (a 10% cap and floor) in any single Adjustment Date, regardless of the index's actual movement.

[Replace bracketed terms with your contract's actual affected-portion definition and adjustment-date schedule before use. This is a drafting starting point, not legal advice.]

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