Power cable led some mild declines in this month’s Electrical Price Index, dropping 1.7% month-to-month and -4.2% YTY. Building wire was down 0.2% in July and -4.8% YTY from July 2012. Telephone supplies (-1.0%) were the only other product category in Electrical Marketing’s EPI showing a month-to-month decline of more than 1%. Hand tools led the gainers, up 1.2%.
Note: All EPI series represent Global Insight aggregates of Bureau of Labor Statistics’ (BLS) producer price indices (PPIs). The revised data partly reflect redefinitions of specific PPIs by the BLS, but mostly reflect the rebenchmarking of all EPI price series to a 1997 base year. The four following EPI series have been affected by BLS redefinitions: boxes, conduit (fittings), nonmetallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight
