Electrical Price Index Increases in January

Feb. 28, 2014
Electricalmarketing Com Sites Electricalmarketing com Files Uploads 2014 02 20140228em Epi
Electricalmarketing Com Sites Electricalmarketing com Files Uploads 2014 02 20140228em Epi
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Electrical Marketing’s Electrical Price Index (EPI)  increased 0.4% in January and is up 0.6% year-over-year, a break in a long run of  little or no change. Power wire and cable increased the most at 5.4% followed by generators (+2.1%); wiring devices (+1.3%); and motors (+1.1%). No other categories increased or decreased more than one percent in January.

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