US fabricated metal products PPI
Latest reading: 310 Index (March 2026)
- 1-month change
- +0.6%
- 3-month change
- +1.4%
- 12-month change
- +6.3%
- Source
- FRED PCU332332
Price history
Observations
| Date | Value (Index) |
|---|---|
| Mar 1, 2026 | 310.13 |
| Feb 1, 2026 | 308.21 |
| Jan 1, 2026 | 307.38 |
| Dec 1, 2025 | 305.78 |
| Nov 1, 2025 | 304.78 |
| Oct 1, 2025 | 303.68 |
| Sep 1, 2025 | 302.06 |
| Aug 1, 2025 | 299.86 |
| Jul 1, 2025 | 298.27 |
| Jun 1, 2025 | 298.19 |
| May 1, 2025 | 295.65 |
| Apr 1, 2025 | 293.80 |
What the data shows
As of March 2026, us fabricated metal products ppi stands at 310 Index (FRED: PCU332332). That is +6.3% versus March 2025 (292 Index), a notably higher trajectory over the past year. Over the last three months the series has moved +1.4% and modestly higher; month-on-month it is +0.6% and essentially flat. The trailing twelve-month range runs from 292 Index to 310 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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