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July EPI Continues March to New Heights

Aug. 26, 2021
The surge in price increases for electrical products continued in July according to EM's Electrical Price Index.

Historic increases in steel-based electrical products led all categories in EM's Electrical Price Index for July. Boxes (+7.7%) and Conduit Fittings (+7.6%) led the way with huge numbers and year-over-year (YOY) increases topping +30%. Nonmetallic conduit (+6.5%); Switchgear (+3.7%); and Metal Conduit (+3.3%) also showed significant activity to the upside. Fourteen of the 28 product categories had monthly increases of +1% or more.