The latest data from the Bureau of Labor Statistics shows that the year-over-year (Y/Y) percentage change in the Producer Price Index (PPI) for fluid power equipment remains highly reactive. As shown in the first chart, the index experienced two significant peaks—both hitting 14.4% in July 2022 and April 2023—before declining sharply toward the end of 2023 and into early 2024. The Y/Y % continued to show volatility in early 2025, currently sitting at 5.04%. This graph clearly illustrates not only the sharp recent fluctuations but also how historically elevated those changes have been compared to the previous decade.
In comparison, we can look at a few popular end-use industries for fluid power. Below, you can see the producer price index, graphed with a year-over-year % change, for construction machinery, farm machinery, and automotive.
To find PPI data for these markets and many more, download NFPA’s Econ and Market Indicators report. This report also contains shipments data, industrial production data, and capacity utilization data.
Fluid power equipment PPI is also updated regularly in NFPA’s Stats Dashboard. The Stats Dashboard contains highlights from NFPA’s wide variety of market reports.
Interested in when data for the Econ and Market Indicators report is updated? Check out the Stats Calendar to see when reports have been updated and when to expect upcoming releases.
If you have any questions about this data, contact Cecilia Bart at cbart@nfpa.com and 414-259-2027.