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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime Copy
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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
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Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
Prices Cost Rising Photo 199231482 Hye Jin Kang Dreamstime
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EPI Continues its Slow Slog Upward

Nov. 17, 2017
EM’s Electrical Price Index (EPI) saw a +1% increase year over year (YOY) in October and a +0.3% increase over September.

EM’s Electrical Price Index (EPI) saw a +1% increase year over year (YOY) in October and a +0.3% increase over September. While those don’t sound like big increases, they run contrary to the no-growth trend established over the past year.

Responsible for a big chunk of that YOY increase was Power Wire & Cable which saw a whopping +11.5% YOY gain and a +8.9% gain over September.

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