November EPI Data Shows Prices Cooling
EM's Electrical Price Index (EPI) cooled in November, with the Total Index rate-of-change declining on both a month-to-month (MTM) and year-over-year (YOY) basis.
Prices as measured by EM's Total Index dropped -0.2% MTM and -2.4% YOY. Industrial fixtures bucked these declines with a +1.4% increase MTM and +4.2% increase YOY. Building Wire & Cable (+7.2% YOY) and Transformers (+5.6% YOY) were up the most YOY.