The overall CE Plant Cost Index (CEPCI) for 2012 was 0.19% lower than the end-of-year average from 2011. Preliminary data from January 2013 CEPCI (the most recent available) indicate that capital equipment prices declined from December to January, by 0.09%. When compared to year-earlier numbers (from January 2012), the January 2013 preliminary Plant Cost Index stands at 3.74% lower. Meanwhile, the Current Business Indicators from IHS Global Insight, show that the latest CPI output index value (Feb. 2013) edged slightly higher from the previous month, and producer prices for industrial chemicals were modestly higher
Current Trends April
| By Scott Jenkins