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Comment Business & Economics

2018 CEPCI Updates: July (prelim.) and June (final)

By Scott Jenkins |

The preliminary value for the July 2018 CE Plant Cost Index (CEPCI; the most recent available) increased slightly compared to the previous month’s value, although, due to revisions in the values, the final June value was adjusted downward by a small amount. All four of the major subindices — Equipment, Buildings, Construction Labor and Engineering & Supervision — moved higher for July by modest amounts. The overall CEPCI for July stands at 6.6% higher than the corresponding value from July of last year. The year-over-year percentage difference for July was smaller than that of June, reversing a trend of increasing year-over-year differences since the beginning of 2018. In the Current Business Indicators (CBI), the CPI output index fell in August.

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