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.
