Latest from Electrical Price Index
Price Increases Slow Again in August EPI
EPI Sees -3% Decline in July
Electrical Price Index Moves Up +0.4% in June 2024
May's EPI Jumps +1.5%
EPI Increases +0.8% in April
EPI Increases +0.1% in February
EPI Drops -1.6% YOY in January
Prices for electrical products with a high steel content were still relatively quiet last month despite the concerns about tariffs. Ballasts (+1.5%), Power Wire & Cable (-1%), and Telephone supplies (-1.1%) were the only categories showing a monthly change of 1% or more in either direction. But as you can see in the chart at the right, year-over-year changes in many categories are popping up all over the place, led by Power Wire & Cable at +13.1%.
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