February EPI Shows +5.5% YOY Increase

Electrical Marketing’s Electrical Price Index (EPI) for February continued to reflect the surge in materials pricing, with a +0.8% over Jan. 2021 to 160.9 and a +5.5% gain over Feb. 2020. With the current gains in copper pricing, it’s not surprising that Building Wire & Cable (+2.3%) and Power Wire & Cable (+2.1%) led the major project categories. Telephone equipment (+2%) and Fasteners (+1%) also logged large monthly price increases.