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Comment Business & Economics

2021 CEPCI Updates: August (prelim.) and July (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for August 2021 (most recent available) is once again higher than the previous month, continuing a string of substantial monthly increases since the beginning of the year. In August, the subindices for Equipment, Buildings and Constrution Labor all saw increases, while the Engineering & Supervision subindex saw a very small decline. The current CEPCI value now sits at 23.8% higher than the corresponding value from August 2020. Meanwhile, the Current Business Indicators show a one-point decrease in the CPI Output Index for September. Also, the CPI Operating rate for September fell slightly, while the producer prices index for industrial chemicals rose.

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