The July 2016 preliminary value for the CE Plant Cost Index (CEPCI; the most recent available) was substantially higher than the previous month’s value, reversing the small decrease from the June CPI value. All four of the subindices rose, with the largest increase observed in the Equipment subindex. The preliminary July 2016 CEPCI value is 2.0% lower than the corresponding value from July of last year. Meanwhile, the latest Current Business Indicators (CBI) for August 2016 showed a small increase in the CPI output index compared to the previous month. Producer prices for industrial chemicals rose in August, while the July value for the CPI value of output index declined from the previous month.
Current Economic Trends: July 2016 CEPCI
| By Scott Jenkins