While the Electrical Price Index remained unchanged in January, several product categories did show a monthly increase of at least 1%, including electric heating equipment, wiring devices, panelboards and switches, circuit breakers, switchgear, fuses and industrial controls. These increases were balanced out by a -3.7% drop in air conditioning equipment and several category declines of more than -1%.
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