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US PPI — Relay and Industrial Control Manufacturing

Producer Price Index for relay and industrial control manufacturing.

348.518+1.9% m/m+10.0% y/y+53.3% 5y

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

Price history

Sep 2026 · latest348.518+53.3%since Sep 2021
20025030035040020222023202420252026348.5
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Sep 2026+1.9%
Aug 2026+0.0%
Jul 2026+3.4%
Jun 2026+0.0%
May 2026+0.0%
Apr 2026+2.7%
Mar 2026+0.0%
Feb 2026+0.2%
Jan 2026+0.3%
Dec 2025−0.0%
Nov 2025+0.0%
Oct 2025+1.0%
Sep 2025+0.3%

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

How it's built

Industrial controls rose 10.0% over the last 12 months, but 2 of its main inputs rose faster: bare printed circuit board mfg +45.8%, copper and copper products +43.4%. That cost pressure may still pass through to prices.

Key figures

Since Jan 2017
+67.7%
207.8 to 348.5
12-month volatility
±1.1%
std. dev. of monthly change
Largest monthly rise
+4.4%
Jan 2022
10% cap would bind
1 of 36
months, annual base reset
  • From Jan 2017 to Sep 2026 the index went from 207.8 to 348.5, a change of +67.7%.
  • Highest reading in that period: 348.5 in Sep 2026. Lowest: 207.8 in Jan 2017.
  • Largest one-month rise: +4.4% in Jan 2022. Largest one-month fall: -1.2% in Oct 2019.
  • For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 1 of the last 36 months.

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 — Relay and Industrial Control Manufacturing (BLS series PCU335314335314), 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

Covers industrial control systems and relays, the automation-equipment line in a manufacturing plant electrical contract.

How this index is used (1 guide)

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