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2025 CEPCI updates: January (prelim.) and December 2024 (final)

| By Scott Jenkins

The preliminary value for the CE Plant Cost Index (CEPCI) for January 2025 (most recent available) rose slightly compared to the previous month’s value. The final value for December 2024 was downwardly revised by a small margin. For the first available 2025 data, the Equipment, Buildings and Engineering & Supervision subindices all increased, offsetting a small decrease in the Construction Labor subindex. The current CEPCI value now sits at 0.5% lower than the corresponding value from January 2024. Meanwhile, the Current Business Indicators show decreases in the both the CPI output index and the CPI operating rate for January 2025, and a small increase in the CPI value of output for December 2024.