Relays for automotive electrification and renewable energy applications remain constrained and various power and signal relays are subject to long lead times. Pricing is stable overall, but solid-state devices are subject to volatile raw material costs from China's export control of gallium and germanium, and industrial relays are still subject to price increases. Year-on-year through the first eight months of 2023, the Commodity IQ Price Index for relays rose by 30.2% to exceed the index baseline.