EPI Starts Off 2015 with Decline of -0.2%

Electrical Marketing’s Electrical Price Index started off 2015 with some rather larger decreases, with Power Wire & Cable sagging -3.2% and Telephone products down -7%. Wiring Devices & Connectors were the only product category with an increase of more than 1% for the month. All other categories, with the exception of air conditioners (-1.4%), showed little 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