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Comment Business & Economics

CE Plant Cost Index 2017 Updates: July (prelim.) and June (Final)

By Scott Jenkins |

The preliminary value for the July CE Plant Cost Index (CEPCI; most recent available) increased compared to the previous month’s value, and June final numbers were downwardly revised from what were previously reported. The July values for all four of the major subindices (Equipment, Construction Labor, Buildings and Engineering & Supervision) saw small increases from their June values. The preliminary overall monthly CEPCI value for July 2017 stands at 4.5% higher than the corresponding value from July 2016. Meanwhile, the latest Current Business Indicators (CBI) saw a small decline in the CPI Output Index for August and an increase in the CPI value of output for July. Producer prices for industrial chemicals rose in August.

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