October's EPI Sees -0.7% Drop

Electrical Marketing's Electrical Price Index (EPI) for October saw some notable declines for the first time in many months. Along with the -0.7% decline in the total index, there were some large drops in Conduit Fittings (-8.6%); Nonmetallic Conduit (-6.4%); Switchgear (-4.3%); and Panelboards & Switches (-4.1%). The overall EPI is still running quite hot on a year-over-year basis, with an +15% increase over Oct. 2020.