With a +1.9% increase over May 2021 and a wild +13.4% boost over the June 2020 data, the historical increase in EM's Electrical Price Index isn't showing any sign of subsiding. Leading the charge this month was Pole-Line Hardware with a +29.2% monthly increase and Ballasts, with a +23.5% increase. You know pricing has gone a bit crazy when the +9.7% monthly increase for Power Wire & Cable is only the third largest for the month.
EPI Sees -3% Decline in July
Aug. 22, 2024
Electrical Price Index Moves Up +0.4% in June 2024
July 25, 2024