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Comment Business & Economics

2018 CEPCI Updates: March (prelim.) and Feb. (final)

By Scott Jenkins |

The preliminary value for the March 2018 CE Plant Cost Index (CEPCI; most recent available) increased  compared to the previous month’s value, continuing a string of monthly increases since the beginning of the year. And for the second consecutive month, all four of the subindices (Equipment, Buildings, Construction Labor and Engineering & Supervision) moved higher for March. The Equipment subindex had the largest month-to-month increase, percentage-wise. The overal CEPCI for March stands at 4.6% higher than the corresponding value from March of last year. Meanwhile, the Current Business Indicators (CBI) showed a small increase in the CPI output index for April 2018.

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