Electrical Marketing’s Electrical Price Index continued to slide in June, falling 0.2%. The EPI is now down -0.3% year-to-year compared to June 2011. The categories with the biggest declines were residential lighting (-4.2%); power wire and cable (-2.1%); air conditioners (-2%); and lamps (-1.4%). Appliances (+1%) were the only category to increase.
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