The April 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) rose from the previous month, with all four major subindices experiencing increases. The March final values were upwardly revised from the values reported last month. The preliminary April 2016 CEPCI value is 4.5% lower than the corresponding value from April last year. This is again a smaller year-over-year difference than in the preceding several months. Meanwhile, the latest Current Business Indicators (CBI) for May 2016 showed a small decrease in the CPI output index compared to the previous month. The April CPI value of output index was higher than the previous month, and producer prices edged higher again in May.
Current Economic Trends: April 2016
| By Scott Jenkins