It was yet another month of very little change for EM’s Electrical Price Index, which dropped 0.2% from Feb. 2013, and remained at the same level as March 2012. The ballast (+2%); telephone (+1.1%); and electric measurement instrument (+1%) were the only categories showing a monthly change of more than one percent. Year-to-year, building wire showed the most change at -6%.
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