US hardware manufacturing PPI
Latest reading: 215 Index (March 2026)
- 1-month change
- +0.0%
- 3-month change
- +0.8%
- 12-month change
- +4.8%
- Source
- FRED PCU33253325
Price history
Observations
| Date | Value (Index) |
|---|---|
| Mar 1, 2026 | 215.40 |
| Feb 1, 2026 | 215.36 |
| Jan 1, 2026 | 214.69 |
| Dec 1, 2025 | 213.77 |
| Nov 1, 2025 | 213.70 |
| Oct 1, 2025 | 213.56 |
| Sep 1, 2025 | 213.87 |
| Aug 1, 2025 | 212.93 |
| Jul 1, 2025 | 212.68 |
| Jun 1, 2025 | 209.82 |
| May 1, 2025 | 207.88 |
| Apr 1, 2025 | 205.43 |
What the data shows
As of March 2026, us hardware manufacturing ppi stands at 215 Index (FRED: PCU33253325). That is +4.8% versus March 2025 (205 Index), a modestly higher trajectory over the past year. Over the last three months the series has moved +0.8% and essentially flat; month-on-month it is +0.0% and essentially flat. The trailing twelve-month range runs from 205 Index to 215 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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