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US PPI — Corrugated Shipping Containers

Producer Price Index for corrugated shipping containers, the finished box, a WPU0915 series distinct from WPU091405 (Corrugated Paperboard in Sheets and Rolls, Lined and Unlined), the board the box is made from.

388.939+0.7% m/m+8.9% y/y+28.5% 5y

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

Price history

Sep 2026 · latest388.939+28.5%since Sep 2021
27530032535037540020222023202420252026388.9
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Sep 2026+0.7%
Aug 2026+2.3%
Jul 2026+2.0%
Jun 2026+1.4%
May 2026+2.5%
Apr 2026−0.2%
Mar 2026−0.2%
Feb 2026+0.1%
Jan 2026+0.0%
Dec 2025−0.0%
Nov 2025+0.0%
Oct 2025−0.0%
Sep 2025−0.1%

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

How it's built

Corrugated boxes rose 8.9% over the last 12 months, more than any of its main inputs. Input costs are not adding pressure right now.

Pulp, paper, and allied productsPulp, paper, and prod., ex. bldg. paperConverted paper and paperboard productsPaper boxes and containers

WPU09150301Corrugated Shipping Containers388.939Sep 2026 · +8.9% over 12 months

How it follows the corrugated board price index

Corrugated Shipping Containers against the corrugated board price index, both set to 100 in the first month they share
Sep 2026WPU09150301 156Corrugated board price index 153
10012014016020182020202220242026

Sources: WPU09150301 (Corrugated Shipping Containers); BLS WPU091405.

Since 2016, this index has followed the corrugated board price index in the same month and moved about two thirds as far as it over a year.

Over the 12 months to Sep 2026, the corrugated board price index rose 7.9% and this index rose 8.9%.

Key figures

Since Dec 2016
+58.2%
245.8 to 388.9
12-month volatility
±1.0%
std. dev. of monthly change
Largest monthly rise
+3.6%
Oct 2021
10% cap would bind
0 of 36
months, annual base reset
  • From Dec 2016 to Sep 2026 the index went from 245.8 to 388.9, a change of +58.2%.
  • Highest reading in that period: 388.9 in Sep 2026. Lowest: 245.8 in Dec 2016.
  • Largest one-month rise: +3.6% in Oct 2021. Largest one-month fall: -1.8% in Jun 2023.
  • The year-over-year change stayed within 10% either way in each of the last 36 months, so a 10% annual cap or floor would not have been reached.

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 — Corrugated Shipping Containers (BLS series WPU09150301), 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

Packaging supply contracts for finished boxes name this series directly. It sits one stage downstream of corrugated paperboard sheets and rolls, so a box clause and a board clause on the same project follow related but separate prices.

How this index is used (1 guide)

Let Escalake run this clause for you

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