Led by a 4.4% decline in building wire (down 8.5% YTY), EM’s Electrical Price Index (EPI) dropped 0.9% last month and was down 0.4% compared to Sept. 2011. The only product categories with increases of one percent or more were pole-line hardware and boxes, both at +1% for the month. Prices in all other product categories were stable, with little positive or negative change.
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
