Producer Price Index for deep sea freight transportation.
534.796+0.4% m/m+36.8% y/y+54.2% 5y
Sep 2026 value · Next print expected around Nov 2026 · Source: BLS
Price history
Sep 2026 · latest534.796+54.2%since Sep 2021
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Range
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Month
Value
Change m/m
Sep 2026
+0.4%
Aug 2026
+2.2%
Jul 2026
+3.3%
Jun 2026
+6.2%
May 2026
+2.8%
Apr 2026
+2.4%
Mar 2026
+2.2%
Feb 2026
−0.8%
Jan 2026
+7.2%
Dec 2025
+3.1%
Nov 2025
−4.3%
Oct 2025
+7.6%
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
Deep sea shipping rose 36.8% over the last 12 months, but all of its main inputs rose faster: residual fuels (heavy fuel oils) +66.1%. That cost pressure may still pass through to prices.
From Jan 2017 to Sep 2026 the index went from 254.9 to 534.8, a change of +109.8%.
Highest reading in that period: 534.8 in Sep 2026. Lowest: 254.9 in Jan 2017.
Largest one-month rise: +13.1% in May 2022. Largest one-month fall: -9.7% in Mar 2023.
For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 10 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 — Deep Sea Freight Transportation (BLS series PCU483111483111), 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.]
Split the contract into four categories: shipbuilding, ship parts, port equipment, and port equipment parts. Shipbuilding indexes to BLS PCU336611336611. Port cranes use PCU333923333923, a general lifting-equipment index that is a proxy, not an exact match. The two parts categories have no output index at all, so build those from a weighted input composite.
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