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Photo 199231482 / Hye Jin / Kang /Dreamstime
Photo 199231482 / Hye Jin Kang / Dreamstime
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Hye Jin Kang / DreamsTime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Hye Jin Kang / DreamsTime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
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November EPI Shows 2.2% YOY Increase

Dec. 22, 2017
Electrical Marketing’s monthly Electrical Price Index (EPI) is starting to show some significant movement.

Electrical Marketing’s monthly Electrical Price Index (EPI) is starting to show some significant movement, particularly with  its year-over-year (YOY) data.  Nov. 17 YOY data was up 2.2%, with increases of more than 1% in 17 categories.

Not surprisingly, increases in copper prices this year drove the Power Wire & Cable category to a 15.2% increase, leading all product categories.

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