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Photo 199231482 / Hye Jin Kang / Dreamstime
Photo 199231482 / Hye Jin Kang / Dreamstime
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Photo 199231482 / Hye Jin Kang / Dreamstime
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Pennies

August Electrical Product Prices Nudge Up

Sept. 22, 2017
The Electrical Price Index for August showed an increase of 0.2% overall for the month and a gain of 0.6% over August 2016.

The Electrical Price Index for August showed an increase of 0.2% overall for the month and a gain of 0.6% over August 2016. Ballast prices led monthly gainers with a 2.5% increase, followed by Conduit Fittings (+1.2%) and Nonmetallic Conduit (+1.0%), the only categories to change by 1% or more. Fourteen categories are up or down more than 1% from last year and seven of those by more than 2%.

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