While the 0.1 percent total increase in EM's Electrical Price Index (EPI) maintained its recent trend of little price movement, two of the more volatile product categories, building wire and power cable, showed marked declines from Jan. 2011. Building wire is down 9.6% YTY, while power cable is down 2.3% YTY. Lamp prices showed a sizeable decrease in January (-1.7%).
Electrical Price Index — January 2012
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