US PPI — Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing
Producer Price Index for passive electronic components: capacitors, resistors, coils, and inductors.
191.158+0.0% m/m+7.5% y/y+36.2% 5y
Sep 2026 value · Next print expected around Nov 2026 · Source: BLS
Price history
Sep 2026 · latest191.158+36.2%since Sep 2021
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Month
Value
Change m/m
Sep 2026
+0.0%
Aug 2026
+1.3%
Jul 2026
+1.1%
Jun 2026
+0.4%
May 2026
−0.3%
Apr 2026
+1.8%
Mar 2026
+1.4%
Feb 2026
+0.1%
Jan 2026
+0.8%
Dec 2025
+0.6%
Nov 2025
+0.0%
Oct 2025
+0.0%
Sep 2025
+0.5%
Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.
How it's built
Capacitors and coils rose 7.5% over the last 12 months, but 2 of its main inputs rose faster: copper wire and cable +30.8%, aluminum mill shapes +25.2%. That cost pressure may still pass through to prices.
From Jan 2017 to Sep 2026 the index went from 101.5 to 191.2, a change of +88.3%.
Highest reading in that period: 191.2 in Aug 2026. Lowest: 101.1 in Jul 2017.
Largest one-month rise: +17.4% in Sep 2018. Largest one-month fall: -0.4% in Mar 2020.
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 — Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing (BLS series PCU33441K33441K), 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.]
The standard index for passive components, bundled into one series since none of the individual component types trades a large enough category for its own separate line.
Split chips from the equipment that makes them. Chip prices index to BLS PCU334413334413, which has trended down over the last decade. Fab equipment indexes to PCU333242333242, which has trended up. A shared index will misprice one side.
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