August 2022 EPI Registers Smaller Monthly Increase
Some pricing relief may be on the horizon, according to the latest Electrical Price Index data.
Sept. 22, 2022
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While EM’s Electrical Price Index (EPI) only increased +0.3% to 198.1 points, several product areas registered large month-to-month increases in August — Switchgear (+5.3%); Power Wire & Cable (+2.2%); Fuses (+2.1%); and Panelboards & Switches (+2%). Several other product areas increased more than +1%. The year-over-year change of +11.6% was a significant drop over recent months and the lowest YOY drop since Aug. 2021.
