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US PPI — Turbine and Turbine Generator Set Manufacturing

Producer Price Index for turbines and turbine generator sets, including marine and industrial propulsion turbines.

289.639+0.0% m/m+3.6% y/y+22.6% 5y

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

Price history

Sep 2026 · latest289.639+22.6%since Sep 2021
22024026028030020222023202420252026289.6
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Sep 2026+0.0%
Aug 2026−0.2%
Jul 2026+0.3%
Jun 2026+0.6%
May 2026+0.7%
Apr 2026+0.3%
Mar 2026+0.3%
Feb 2026+1.2%
Jan 2026−0.0%
Dec 2025−0.3%
Nov 2025+0.4%
Oct 2025+0.3%
Sep 2025+1.6%

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

How it's built

Turbines rose 3.6% over the last 12 months, but 2 of its main inputs rose faster: steel mill products +27.6%, nickel and nickel-base alloy mill shapes +10.6%. That cost pressure may still pass through to prices.

Key figures

Since Jan 2017
+32.4%
218.7 to 289.6
12-month volatility
±0.4%
std. dev. of monthly change
Largest monthly rise
+3.3%
Mar 2023
10% cap would bind
0 of 36
months, annual base reset
  • From Jan 2017 to Sep 2026 the index went from 218.7 to 289.6, a change of +32.4%.
  • Highest reading in that period: 290.2 in Jul 2026. Lowest: 202.9 in Jan 2018.
  • Largest one-month rise: +3.3% in Mar 2023. Largest one-month fall: -2.4% in Nov 2017.
  • 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 — Turbine and Turbine Generator Set Manufacturing (BLS series PCU333611333611), 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

Used to escalate the propulsion-system share of naval shipbuilding contracts, alongside shipbuilding steel and shipyard labor.

How this index is used (1 guide)

How do you structure a price escalation clause for defense contracts?

Split defense contracts into aircraft, naval, land systems, missiles, and small arms. Aircraft (PCU336411336411), naval systems (PCU336611336611), and small arms/ordnance manufacturing (PCU33299T33299T) have real, published US government price indices. Land systems and missiles do not, confirmed by direct check against the BLS API. Build those two from a weighted input composite instead.

Let Escalake run this clause for you

Escalake tracks US PPI — Turbine and Turbine Generator Set Manufacturing, applies your formula, and gives both sides a number they can confirm, no spreadsheet required.