EPI Spikes Again with +4.6% Monthly Jump

Electrical Marketing's Electrical Price Index continued its ascent into the stratosphere in January with a +4.6% monthly increase to 191.5. While the historical increase in the monthly data is notable, the year-over-year increase to +20.1% above Jan. 2021 was supported by double-digit YOY increases in more than 20 product categories. Prices for products with high steel or copper content increased the most.

Click here for the Electrical Price Index's historical monthly product price data all the way back to June 1990.