US copper & brass mill shapes PPI
Latest reading: 140 Index (September 2023)
- 1-month change
- -1.1%
- 3-month change
- -2.3%
- 12-month change
- -6.7%
- Source
- FRED WPU10250105
Price history
Observations
| Date | Value (Index) |
|---|---|
| Sep 1, 2023 | 139.52 |
| Aug 1, 2023 | 141.02 |
| Jul 1, 2023 | 139.95 |
| Jun 1, 2023 | 142.76 |
| May 1, 2023 | 144.99 |
| Apr 1, 2023 | 143.40 |
| Mar 1, 2023 | 146.81 |
| Feb 1, 2023 | 146.60 |
| Jan 1, 2023 | 146.12 |
| Dec 1, 2022 | 145.56 |
| Nov 1, 2022 | 142.62 |
| Oct 1, 2022 | 145.00 |
What the data shows
As of September 2023, us copper & brass mill shapes ppi stands at 140 Index (FRED: WPU10250105). That is -6.7% versus September 2022 (150 Index), a notably lower trajectory over the past year. Over the last three months the series has moved -2.3% and modestly lower; month-on-month it is -1.1% and modestly lower. The trailing twelve-month range runs from 140 Index to 150 Index. Procurement teams tracking US metals exposure should treat this series as a monthly benchmark when repricing contracts, modelling cost-pass-through, or reviewing supplier indexation clauses.
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