Power cable led the charge again in EM's Electrical Price Index, rising 2.8% in February and sitting 16.2% YTY from Feb. 2010. Other product categories up more than one percent for the month were building wire (+1.1%); telephone supplies (+1.5%); fans and blowers (+1.3%). Air conditioning equipment saw the biggest price decline, dropping 3.2%.
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