The preliminary value for the CE Plant Cost Index (CEPCI) for June 2020 (the most recent available) decreased compared to the previous month’s value, following a similar decline in April and May. The lower value for the Equipment subindex in June offset rises in the other three major subindices (Buildings; Construction Labor; and Engineering & Supervision), giving rise to a lower value for the overall CEPCI. The current CEPCI value sits at 3.0% lower than the corresponding value from a June of last year. Meanwhile, the Current Business Indicators (CBI) showed an increase in both the CPI output index and the CPI operating rate for July and the CPI value of output for June.
2020 CEPCI Updates: June (prelim.) and May (final)
| By Scott Jenkins