October Electrical Price Index Drops 0.1%

In another month of slow growth, EM’s Electrical Price Index (EPI) slid 0.1% from September, a mark that’s up 1.1% from Oct. 2013. With the exception of power wire and cable (+2.1%) and air conditioners (-2%) all product categories showed less than a 1% change. Year-over-year, lamps (+3.9%); electrical measurement instruments (+3.5%); and fans  & blowers (+3.2%) were up most.
Nov. 21, 2014
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In another month of slow growth, EM’s Electrical Price Index (EPI) slid 0.1% from September, a mark that’s up 1.1% from Oct. 2013. With the exception of power wire and cable (+2.1%) and air conditioners (-2%) all product categories showed less than a 1% change. Year-over-year, lamps (+3.9%); electrical measurement instruments (+3.5%); and fans  & blowers (+3.2%) were up most.

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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

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