No Change in May Electrical Price Index

It’s been another quiet month in Electrical Marketing’s Electrical Price Index (EPI), with no change since April and a -0.4% drop  year-over-year from April 2014. The only categories registering a change of over 1% in last month’s EPI  were Power Wire & Cable (-1.1%); Metal Conduit (+1%); and Air Conditioners (-2.1%). Power Wire & Cable also showed the biggest YOY drop at -5.7%.

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