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Comment Business & Economics

2019 CEPCI Updates: June (prelim.) and May (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for June 2019 decreased from the previous month’s value. The decline is the fourth within the last five months. Decreases in the Equipment, Buildings and Engineering & Supervision subindices offset a small increase in the Construction Labor subindex to arrive at the lower value for the overall CEPCI in June. The final overall CEPCI value for May 2019 was revised slightly upward in June. The preliminary June CEPCI value is 0.8% higher than the corresponding value from a year ago. Meanwhile, the CBI numbers for July 2019 show a decrease in the CPI output index for July, as well declines in the CPI operating rate and producer prices.

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