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Comment Business & Economics

2020 CEPCI Updates: July (prelim.) and June (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for July 2020 (the most recent available) increased compared to the previous month’s value, reversing a three-month period of decline. a similar decline prior to July. Three of the four major subindices — Equipment, Buildings and Construction Labor — rose in July, offsetting a small decrease in the value for the Engineering & Supervision subindex. The current CEPCI value sits at 1.8% lower than the corresponding value from July of last year. Meanwhile, the Current Business Indicators (CBI) showed increases for both the CPI Output Index and the CPI Operating Rate for August 2020. In addition, the CPI Value of Output rose in July 2020.

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2020 annual CEPCI average value
Since its introduction in 1963, the Chemical Engineering Plant Cost Index (CEPCI) has served as an important tool for chemical-process-industry…

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