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US PPI — Fluid Power Valves

Producer Price Index for fluid power valves, the hydraulic and pneumatic control valves used in industrial and mobile equipment.

407.414−0.2% m/m+3.2% y/y+29.4% 5y

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

Price history

Sep 2026 · latest407.414+29.4%since Sep 2021
30032535037540042520222023202420252026407.4
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Range
Format

Preview13 rows, newest first. Click a value to copy it.
MonthValueChange m/m
Sep 2026−0.2%
Aug 2026−0.8%
Jul 2026+0.0%
Jun 2026+0.3%
May 2026−0.0%
Apr 2026+0.3%
Mar 2026−0.1%
Feb 2026+0.3%
Jan 2026+2.6%
Dec 2025+0.0%
Nov 2025+0.8%
Oct 2025+0.0%
Sep 2025+0.4%

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

How it's built

Hydraulic valves rose 3.2% over the last 12 months, but all of its main inputs rose faster: copper and brass mill shapes +30.0%, steel mill products +27.6%. That cost pressure may still pass through to prices.

How it follows the hot rolled steel price index

Fluid Power Valves against the hot rolled steel price index, both set to 100 in the first month they share
Sep 2026WPU114302 147Hot rolled steel price index 186
10015020020182020202220242026

Sources: WPU114302 (Fluid Power Valves); BLS WPU101704.

Since 2016, this index has followed the hot rolled steel price index about 3 months later and moved only a small fraction as far as it over a year.

Over the 12 months to Sep 2026, the hot rolled steel price index rose 15.0% and this index rose 3.2%.

Key figures

Since Dec 2016
+47.1%
276.9 to 407.4
12-month volatility
±0.8%
std. dev. of monthly change
Largest monthly rise
+5.0%
Dec 2021
10% cap would bind
0 of 36
months, annual base reset
  • From Dec 2016 to Sep 2026 the index went from 276.9 to 407.4, a change of +47.1%.
  • Highest reading in that period: 411.4 in Jul 2026. Lowest: 276.9 in Dec 2016.
  • Largest one-month rise: +5.0% in Dec 2021. Largest one-month fall: -0.8% in Aug 2026.
  • 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 — Fluid Power Valves (BLS series WPU114302), 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

Used in equipment-service and machine-build contracts that buy valves. A valve is machined metal plus assembly and test, so a clause tied to a raw metal series can follow the wrong cost.

How this index is used (1 guide)

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