EM's Electrical Price Index (EPI) took a breather in December, registering a 0.2% increase over November, after a 1.2% increase the previous month. Pole-line hardware (+1%)and boxes (+1%) were the only two product categories that showed a change of at least 1% for the month. As expected, building wire (+7.2%) and power cable (+10.8%) had the biggest YTY increases.
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), non-metallic conduit, and generators. Sources: U.S. Bureau of Labor Statistics; Global Insight