US fabricated structural metal PPI
Latest reading: 303 Index (April 2026)
- 1-month change
- +1.2%
- 3-month change
- +3.8%
- 12-month change
- +7.5%
- Source
- FRED PCU332312332312
Price history
Observations
| Date | Value (Index) |
|---|---|
| Apr 1, 2026 | 302.88 |
| Mar 1, 2026 | 299.34 |
| Feb 1, 2026 | 294.65 |
| Jan 1, 2026 | 291.76 |
| Dec 1, 2025 | 291.84 |
| Nov 1, 2025 | 293.21 |
| Oct 1, 2025 | 289.79 |
| Sep 1, 2025 | 287.18 |
| Aug 1, 2025 | 285.82 |
| Jul 1, 2025 | 283.24 |
| Jun 1, 2025 | 285.31 |
| May 1, 2025 | 283.20 |
What the data shows
As of April 2026, us fabricated structural metal ppi stands at 303 Index (FRED: PCU332312332312). That is +7.5% versus April 2025 (282 Index), a notably higher trajectory over the past year. Over the last three months the series has moved +3.8% and modestly higher; month-on-month it is +1.2% and modestly higher. The trailing twelve-month range runs from 282 Index to 303 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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