Producer Price Index for industrial oxygen.
Paste straight into Excel, Google Sheets or an email. Spreadsheet format lands as two columns.
| Month | Value | Change m/m |
|---|---|---|
| Sep 2026 | +0.0% | |
| Aug 2026 | +0.3% | |
| Jul 2026 | +6.5% | |
| Jun 2026 | −0.0% | |
| May 2026 | −0.0% | |
| Apr 2026 | −4.2% | |
| Mar 2026 | +1.3% | |
| Feb 2026 | −0.2% | |
| Jan 2026 | +8.6% | |
| Dec 2025 | +0.3% | |
| Nov 2025 | −0.6% | |
| Oct 2025 | −12.2% | |
| Sep 2025 | −0.2% |
Same numbers as the chart, straight from BLS. Dates are the first of each period, the way BLS reports them.
Oxygen fell 1.7% over the last 12 months, but all of its main inputs rose faster: industrial electric power +4.2%. That cost pressure may still pass through to prices.
Chemicals and allied productsOther chemicals and allied productsMisc. chemical prod. and preparationsIndustrial gases
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 — Oxygen (BLS series WPU06790304), 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.]
One of several named cuts of the industrial gas series. Oxygen prices separately from nitrogen or argon since production and distribution economics differ by gas.
Divide the current value of BLS series WPU067903 (Industrial Gases) by its value at contract signing, then apply that ratio to the industrial gases part of the price. A usable clause also names an averaging window, a rule for revised values and missing months, and a cap.
Escalake tracks US PPI — Oxygen, applies your formula, and gives both sides a number they can confirm, no spreadsheet required.