Index lookup · WPU10
US PPI — All Metals and Metal Products
Producer Price Index for all metals and metal products, the broadest WPU aggregate in the metals group, spanning ferrous and nonferrous mill products, scrap, and fabricated metal goods together. Index base: 1982 = 100.
Latest value is 1 month old. Next update expected around Sep 2026.
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Price history
Data & insights
Key figures
- From Jan 2024 to Aug 2026 the index went from 312.3 to 388.7, a change of +24.5%.
- Highest reading in that period: 388.7 in Aug 2026. Lowest: 305.0 in Sep 2024.
- Largest one-month rise: +3.0% in Dec 2025. Largest one-month fall: -2.2% in Mar 2024.
- For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 10 of the last 20 months.
Strongest average month-over-month move historically: January (+1.5% avg).
What this means for your clause
Occasionally cited in a diversified manufacturing supply contract that buys a mix of metal inputs and wants one blended escalator rather than negotiating several. Because it averages across ferrous and nonferrous cycles that do not move together, it can understate or overstate the swing on any one metal a buyer actually purchases.
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 — All Metals and Metal Products (BLS series WPU10), 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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Related indices
- US PPI — Titanium and Titanium-Base Alloy Mill Shapes
- US PPI — Steel Pipe and Tube, Stainless Steel
- US PPI — Fabricated Steel Plate
- US PPI — Industrial Valve Manufacturing
- US PPI — Other Metal Valve and Pipe Fitting Manufacturing
- US PPI — Gasket, Packing, and Sealing Device Manufacturing
- US PPI — Steel Foundries, Except Investment
- US PPI — Other Fabricated Wire Product Manufacturing
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