June EPI Shows Some Movement

June’s Electrical Price Index was up +0.2% increase over May and +0.4% over May 2016. The monthly increase was due in large part to a +1.1% increase in the Building Wire category and a +1.2% increase in Air Conditioners, the only categories registering an increase over 1%. The year-over-year data was more volatile in this report, with 13 product categories registering changes of one percent or more (plus or minus).

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