Electrical Price Index Rises +1.9% in March 2022

EM's Electrical Price Index (EPI) soared again in March, with the Total Index up +1.9% to 196 points. The EPI also increased +19.7% year-over-year, which was down a fraction of a percent from Feb. 2022 but was still at an extraordinarily high level. Circuit breakers were up the most month-to-month with +11.7% increase followed by air conditioning equipment (+6.9%) and industrial controls (+6%).