Power cable increased a surprising 4.1% over May in Electrical Marketing’s Electrical Price Index (EPI), a mark that was down 1.4% from its June 2014 level. The overall EPI continued on its course of little change with a 0.1% increase over May and no change from June 2014. The only other product category with a monthly increase of over 1% was air conditioners at +1.6%.
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.