December's Electrical Price Index Data Comes Higher

Maybe the market hasn’t seen the end of inflation. EM’s Electrical Price Index (EPI) came in higher on both a month-to-month (+1.2%) and year-over-year (+10.4%) basis, with its highest YOY reading since Aug. 2022 and its highest monthly increase since April 2022. Circuit breakers (+11.3%) had biggest monthly and YOY (+24%) increases. Pole-line hardware (+22.2%); and Switchgear (+21.6%); also had huge annual increases.

Click here to download historical data for the Electrical Price Index in a spreadsheet