US steel pipe & tube PPI
Latest reading: 175 Index (July 2023)
- 1-month change
- -0.0%
- 3-month change
- -10.2%
- 12-month change
- +2.9%
- Source
- FRED WPU10170502
Price history
Observations
| Date | Value (Index) |
|---|---|
| Jul 1, 2023 | 175.30 |
| Jun 1, 2023 | 175.34 |
| May 1, 2023 | 177.90 |
| Apr 1, 2023 | 195.10 |
| Mar 1, 2023 | 195.10 |
| Feb 1, 2023 | 195.10 |
| Jan 1, 2023 | 195.10 |
| Dec 1, 2022 | 195.10 |
| Nov 1, 2022 | 195.14 |
| Oct 1, 2022 | 195.14 |
| Sep 1, 2022 | 203.83 |
| Aug 1, 2022 | 209.58 |
What the data shows
As of July 2023, us steel pipe & tube ppi stands at 175 Index (FRED: WPU10170502). That is +2.9% versus July 2022 (170 Index), a modestly higher trajectory over the past year. Over the last three months the series has moved -10.2% and notably lower; month-on-month it is -0.0% and essentially flat. The trailing twelve-month range runs from 170 Index to 210 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.
Get weekly us steel pipe & tube ppi moves, in plain English.
Join the procure.blog digest. Key metals price shifts, what they mean for procurement, and three buyer-ready takeaways. Free, five minutes.