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Comment Business & Economics

2018 CEPCI updates: December (preliminary) and November (final)

By Scott Jenkins |

The preliminary value for the December 2018 CE Plant Cost Index (CEPCI; most recent available) decreased from the previous month’s value. This small decline follows an unchanged CEPCI value from November. The Equipment, Buildings and Engineering & Supervision subindexes all fell slightly for December 2018, while the Construction Labor subindex increased by a small margin. The overall CEPCI value for December 2018 remains at 7.5% higher than the corresponding value from December 2017. Meanwhile, the CBI numbers show a small decrease in the CPI Output Index for January 2019, and a decrease in CPI Value of Output for November of last year, the most recent value available.

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