Index lookup · WPU102
US PPI — Nonferrous Metals
Producer Price Index for nonferrous metals, the aggregate WPU group covering aluminum, copper, nickel, and other non-iron metal products together rather than any single metal. 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 321.7 to 531.6, a change of +65.3%.
- Highest reading in that period: 535.4 in Jun 2026. Lowest: 321.7 in Jan 2024.
- Largest one-month rise: +6.4% in Jan 2026. Largest one-month fall: -2.6% in Aug 2024.
- For a clause that resets its base every year, a 10% cap or floor would have limited the adjustment in 18 of the last 20 months.
Strongest average month-over-month move historically: October (+4.2% avg).
What this means for your clause
Appears in a multi-metal component contract, a wiring harness or heat exchanger assembly for instance, where several nonferrous inputs are bought under one line. Aluminum and copper cycles diverge often enough that a single-metal contract is better served naming the series for that metal 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 — Nonferrous Metals (BLS series WPU102), 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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