Wholesale prices for general medical-surgical hospital services were up 1% in July, their largest monthly increase in two years. According to the U.S. Department of Labor's Producer Price Index, released yesterday, hospital prices were 3.4% higher last month than in July 2001. Prices for physician services were unchanged in July and up 0.1% from July 2001. The PPI for finished goods fell 0.2 percent in July. -- by Mary Chris Jaklevic
July sees largest hospital PPI growth in two years
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