EPI Increase Slow Down in December

Electrical Marketing's Electrical Price Increase (EPI) had its lowest year-over-year increase on a monthly basis for almost four years, with a 0.0% move in Dec. 2023. The EPI almost never sees a YOY decline in the monthly data, and besides the back-to-back decreases in April 2020 and May 2020, you have to go back to 2015-2016 to see a string of monthly declines. Power Wire & Cable (-1.9%) had the biggest price decline for the month.

Click here to download a spreadsheet with historical Electrical Price Index data