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2022 CEPCI Updates: September (prelim.) and August (final)

| By Scott Jenkins

The preliminary value for the CE Plant Cost Index (CEPCI) for September 2022 (most recent available) fell for the third consecutive month, following after a long string of increases between November 2020 and June 2022. For the September preliminary data, decreases in the Equipment and Buildings subindices offset small increases in the Construction Labor and Engineering & Supervision subindices to bring the overall CEPCI lower for the month. The current CEPCI value now sits at 8.9% higher than the corresponding value from September of last year. Meanwhile, the Current Business Indicators show small increases in the CPI output index and the CPI operating rate for September 2022.