April's EPI Shows Giant +2.2% Increase

In normal times, EM's Electrical Price Index (EPI) usually moves month-to-month and even year-over-year by fractions of a percent. No longer. The EPI for April 2021 was up +2.2% over March 2021 and +10.3% over April 2020. Wire and cable saw the largest increases, with Power Wire & Cable up +9.6% for the month and +25.6% for the year and Building Wire & Cable up +4.9% for the month and +26.2% for the year.