November's Electrical Price Index Shows Hints of Price Deceleration

Electrical Marketing's Electrical Price Index (EPI) data for November decelerated on a year-over-year (YOY) basis but ticked up +0.4% over the October pricing numbers. The EPI was up +7.9% YOY, a fairly sharp decrease from the October YOY increase of +9.1% and down dramatically from the string of monthly double-digit YOY increases that started in April 2021 and ran until Sept. 2022. Pole-line hardware (+5.1%) was up most over October.

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