Latest from Electrical Price Index
After a year of dramatic pricing swings in many product categories, EM’s Electrical Price Index had a quiet December, with a -0.1% change for the month, but December that was up +2.6% year-over-year. Product categories showing a monthly change of more than one percent were Boxes, (-1.3%); Conduit Fittings (-2.2%); Nonmetallic conduit (-1.6%); Panelboards & Switches (+2%); Circuit Breakers (+1%); and Switchgear (+2.6%).
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