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Comment Business & Economics

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

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) for May 2019 decreased from the previous month’s value. The decline is the third within the last four months. The lower value for the overall CEPCI in May is a result of decreases in all four of the constituent subindices (Equipment, Construction Labor, Buildings and Engineering & Supervision). The overall CEPCI preliminary value for May 2019 stands at 1.7% higher than the corresponding value from a year ago, which is also the smallest year-over-year difference observed since 2016. Meanwhile, the CBI numbers for June 2019 show a small increase in the CPI Output Index, CPI Operating Rate and Producer Prices.

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