The preliminary value for the CE Plant Cost Index (CEPCI) for May 2020 (the most recent available) decreased compared to the previous month’s value, following a similar decline in April. The values for three of the four major subindices (Equipment; Buildings; and Engineering & Supervision) comprising the CEPCI saw a decrease, while the Construction Labor subindex showed an increase. The current CEPCI value is 3.2% lower than the corresponding value from a year ago. Meanwhile, the Current Business Indicators (CBI) showed increases in the June CPI Output Index and the June CPI Operating Rate, as well as the May CPI Value of Output. Producer prices for industrial chemicals were also up in June.
2020 CEPCI Updates: May (preliminary) and April (final)
| By Scott Jenkins