Very few product categories showed any growth in Electrical Marketing’s Electrical Price Index (EPI) for February, and the overall index was about even at +0.1%. With a -4.6% decline from January, the Power Wire & Cable showed the most movement, followed by a +2.4% increase in Air Conditioners, a +1.9% increase in Residential Lighting, and a -1.7% monthly decline in Switchgear.
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