Electrical Price Index Drops 0.3% in April
Electrical Marketing’s Electrical Price Index (EPI) continued its trend of little or no change in April. The EPI decreased 0.3% month-to-month to 143.2 and is down 0.4 year-to-year from April 2012. The only product categories showing change of at least one percent were power wire and cable (-1.1%); telephone supplies (-1.8%); and residential lighting (+1.1%).
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