EPI Flat in September, Up 0.1% YOY

It was a particularly flat month for the Electrical Price Index (EPI) with no growth from August and just 0.1% growth year-over-year (YOY). Air conditioners showed the most monthly growth with a 2.4% increase, while Power Wire & Cable was down the most for the month with a -3.8% decline.   Switchgear was the only other category showing a monthly change of more than 1% (-1.2%).

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