EM’s Electrical Price Index (EPI) lost a fraction of a point in November with a -0.6% drop to 144.2. The Power Cable category saw one of the larger monthly declines at -1.6% and was down -8.6% YOY. Electrical Measurement Instruments led all declines in November with a -3.5% slide. Telephone supplies (-1.6%); Residential Lighting (-1.7%); and Switchgear (-1.0%) were also down.
Note: All EPI series represent Global Insight aggregates of Bureau of Labor Statistics’ (BLS) producer price indices (PPIs). The revised data partly reflect redefinitions of specific PPIs by the BLS, but mostly reflect the rebenchmarking of all EPI price series to a 1997 base year. The four following EPI series have been affected by BLS redefinitions: boxes, conduit (fittings), nonmetallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight