Latest from Electrical Price Index
November EPI Data Shows Prices Cooling
EPI Sees Minor Movement in October
Price Increases Slow Again in August EPI
EPI Sees -3% Decline in July
Electrical Price Index Moves Up +0.4% in June 2024
May's EPI Jumps +1.5%
EPI Increases +0.8% in April
Unusual movement surfaced in some normally quiet product categories in EM’s Electrical Price Index (EPI), with Pole-Line Hardware down -7.5% and Industrial Fixtures up +4.2%. Building Wire was flat and Power Wire & Cable was up +2% for the month and +7% for the year. Switchgear (-1.9%) and Panelboards & Switches (-1.5%) showed notable drops. As a whole, the Total Index was up just +0.1% for the month and +2.7% for the year.
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