Electrical Marketing’s Electrical Price Index (EPI) spent another month in slow-growth/no-growth territory, registering no change in Jan. 2017 at 144.5 points. Year-over-year growth in the EPI was also stuck in a slow gear last month at +0.2%. Only three product categories bucked that trend last month — Power Cable (-2.2%); Residential Lighting (-3%): and Industrial Fixtures (+1.4%).
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