US nonferrous metals PPI (aggregate)
Latest reading: 512 Index (March 2026)
- 1-month change
- +0.8%
- 3-month change
- +8.2%
- 12-month change
- +36.7%
- Source
- FRED WPU102
Price history
Observations
| Date | Value (Index) |
|---|---|
| Mar 1, 2026 | 511.55 |
| Feb 1, 2026 | 507.26 |
| Jan 1, 2026 | 500.46 |
| Dec 1, 2025 | 472.74 |
| Nov 1, 2025 | 449.97 |
| Oct 1, 2025 | 424.07 |
| Sep 1, 2025 | 400.44 |
| Aug 1, 2025 | 399.74 |
| Jul 1, 2025 | 398.81 |
| Jun 1, 2025 | 385.51 |
| May 1, 2025 | 380.52 |
| Apr 1, 2025 | 380.48 |
What the data shows
As of March 2026, us nonferrous metals ppi (aggregate) stands at 512 Index (FRED: WPU102). That is +36.7% versus March 2025 (374 Index), a sharply higher trajectory over the past year. Over the last three months the series has moved +8.2% and notably higher; month-on-month it is +0.8% and essentially flat. The trailing twelve-month range runs from 374 Index to 512 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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