US PPI — Explosives Manufacturing
Producer Price Index for explosives manufacturing.
Price history
Copy the values
Paste straight into Excel, Google Sheets or an email. Spreadsheet format lands as two columns.
| Month | Value | Change m/m |
|---|---|---|
| Sep 2026 | +0.1% | |
| Aug 2026 | −0.2% | |
| Jul 2026 | +1.0% | |
| Jun 2026 | +0.9% | |
| May 2026 | +2.5% | |
| Apr 2026 | −0.2% | |
| Mar 2026 | +1.4% | |
| Feb 2026 | +1.3% | |
| Jan 2026 | +2.8% | |
| Dec 2025 | +0.3% | |
| Nov 2025 | −0.2% | |
| Oct 2025 | −0.1% | |
| Sep 2025 | −0.1% |
Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.
How it's built
Explosives rose 9.9% over the last 12 months, but all of its main inputs rose faster: synthetic ammonia, nitric acid, ammonium compounds, and urea +22.3%. That cost pressure may still pass through to prices.
Chemical mfgOther chemical product & preparation mfg
Key figures
- From Jan 2017 to Sep 2026 the index went from 121.1 to 191.0, a change of +57.7%.
- Highest reading in that period: 191.1 in Jul 2026. Lowest: 120.8 in Mar 2017.
- Largest one-month rise: +4.0% in Jan 2025. Largest one-month fall: -1.1% in Mar 2019.
- The year-over-year change stayed within 10% either way in each of the last 36 months, so a 10% annual cap or floor would not have been reached.
Use it in a contract
Draft clause citing this series
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 — Explosives Manufacturing (BLS series PCU32592-32592-), published by BLS. Base Period: the index value published for September 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.]
Why contracts cite this index
The only BLS series for commercial and mining explosives, an industry-group aggregate rather than a single narrow product line since no finer breakdown exists.
Let Escalake run this clause for you
Escalake tracks US PPI — Explosives Manufacturing, applies your formula, and gives both sides a number they can confirm, no spreadsheet required.