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Index lookup · WPU09

US PPI — Pulp, Paper, and Allied Products

Producer Price Index commodity data for pulp, paper, and allied products overall, the broadest aggregate for paper, covering every grade and converted product together rather than one line. Index base: 1982 = 100.

Latest value
359.445
Index · as of Aug 2026
Year-over-year change
+4.6%
BLS
Month-over-month change
+0.5%

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

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Enter a base value, a current value, and a contract amount to see the adjustment.

Price history

Data & insights

Key figures

  • From Jan 2024 to Aug 2026 the index went from 331.9 to 359.4, a change of +8.3%.
  • Highest reading in that period: 359.4 in Aug 2026. Lowest: 331.9 in Jan 2024.
  • Largest one-month rise: +1.1% in May 2026. Largest one-month fall: -0.3% in Nov 2025.
  • The year-over-year change stayed within 10% either way in each of the last 20 months, so a 10% annual cap or floor would not have been reached.
Volatility (12mo)
±0.38%
Std. dev. of month-over-month change

Strongest average month-over-month move historically: April (+0.7% avg).

What this means for your clause

Used as a single top-level benchmark in a contract that buys a mix of paper and paperboard products and does not want to track each grade separately. Too broad to resolve a dispute over one grade or converted product, a narrower grade-specific series should carry that clause instead.

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 — Pulp, Paper, and Allied Products (BLS series WPU09), 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.]

Want this in a spreadsheet instead? Use =ESCALAKE("wpu09") in Google Sheets →

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How this index is used

How do you calculate a paper or pulp price escalation clause using the PPI?

A paper or pulp PPI escalation clause compares a current-period Producer Price Index value for the relevant pulp or paper series to the value at contract signing (the base period), turns that into a ratio, then applies the ratio to the contract price or affected line items. BLS publishes separate series for upstream wood pulp and downstream paper, so which one applies depends on which stage of the supply chain the contract actually buys.

Read more →

Apply this index to your contract automatically

Escalake tracks US PPI — Pulp, Paper, and Allied Products, applies your formula, and gives both sides a number they can confirm, no spreadsheet required.