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US PPI — Semiconductor Machinery Manufacturing

Producer Price Index for fabrication equipment: lithography, etch, and deposition tools.

108.224+0.0% m/m+1.5% y/y+20.1% 5y

Sep 2026 value · Next print expected around Nov 2026 · Source: BLS

Price history

Sep 2026 · latest108.224+20.1%since Sep 2021
85909510010511020222023202420252026108.2
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Sep 2026+0.0%
Aug 2026+0.0%
Jul 2026−0.0%
Jun 2026+0.1%
May 2026+0.0%
Apr 2026+1.4%
Mar 2026+0.0%
Feb 2026+0.0%
Jan 2026+0.0%
Dec 2025+0.0%
Nov 2025+0.0%
Oct 2025+0.0%
Sep 2025+0.0%

Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.

How it's built

Chip equipment rose 1.5% over the last 12 months, but all of its main inputs rose faster: printed circuit assembly mfg +125.9%, aluminum mill shapes +25.2%. That cost pressure may still pass through to prices.

Key figures

Since Jan 2017
+26.3%
85.7 to 108.2
12-month volatility
±0.4%
std. dev. of monthly change
Largest monthly rise
+5.6%
Jul 2022
10% cap would bind
0 of 36
months, annual base reset
  • From Jan 2017 to Sep 2026 the index went from 85.7 to 108.2, a change of +26.3%.
  • Highest reading in that period: 108.2 in Jun 2026. Lowest: 85.7 in Jan 2017.
  • Largest one-month rise: +5.6% in Jul 2022. Largest one-month fall: -1.9% in Feb 2021.
  • 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 — Semiconductor Machinery Manufacturing (BLS series PCU333242333242), 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

Indexes fab equipment separately from chip prices, the two move on different cycles and a shared index misprices whichever side is out of phase.

How this index is used (1 guide)

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