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Photo 199231482 / Hye Jin / Kang /Dreamstime
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Hye Jin Kang / DreamsTime
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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
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August's Electrical Price Index Jumps +0.9%

Sept. 24, 2021
Prices for electrical products increase again in August, but not quite as quickly.

In most years, a +0.9% monthly increase in Electrical Price Index (EPI) would be cause for concern. But in these turbulent times, it's only half the increase we saw in June and July. Eleven categories saw increases of better than +1%, down from the 14 categories in last month's EPI that were up that much. The year-over-year increases are still astronomical, with nine product groups up double-digits last month from Aug. 2020.