Change Hard to Come By Again in June EPI
June 2014 is yet another month of very little change in Electrical Marketing’s Electrical Price Index (EPI), with the total index changing just +0.4% from May and +0.6% from May 2013. Monthly changes in individual product categories of more than 1% were hard to come by, other than Electrical Measurement Instruments, which increased 2.9% over May. Switchgear and ballasts declined 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