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Index lookup · WPU06790303

US PPI — Nitrogen

Producer Price Index for industrial nitrogen.

Latest value
263.858
Index · as of Aug 2026
Year-over-year change
+3.2%
BLS
Month-over-month change
+1.3%

Latest value is 1 month old. Next update expected around Sep 2026.

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Price history

Data & insights

Volatility (12mo)
±1.43%
Std. dev. of month-over-month change

Strongest average month-over-month move historically: February (-2.6% avg).

What this means for your clause

Prices on its own cycle from oxygen and argon despite sharing production infrastructure. Name the specific gas in the clause rather than citing a generic industrial gas index.

Draft a clause

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 — Nitrogen (BLS series WPU06790303), published by BLS.

Base Period: the index value published for August 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.]

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How this index is used

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