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Comment Business & Economics

2022 CEPCI updates: April (prelim.) and March (final)

By Scott Jenkins |

The preliminary value for the CE Plant Cost Index (CEPCI) for April 2022 (most recent available) maintains the upward trajectory of the index that has been observed since late 2020, with the latest value once again higher than the previous month’s value. In April, the Equipment and Construction Labor subindices rose, while the Buildings and Engineering & Supervision subindices saw declines. The current CEPCI value now sits at 20.5% higher than the corresponding value from April one year ago. Meanwhile, the Current Business Indicators show that the CPI Output Index for April edged slightly higher, and the April CPI Operating rate remained the same. The March Output Value was higher as well.

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