Wholesale prices for general medical and surgical hospitals continued to outpace general inflation with a 0.2% increase in July, while physician prices took a 0.8% jump -- the largest since March, according to the U.S. Bureau of Labor Statistics' Producer Price Index, released today. Hospital prices increased 5.8% since July 2002, compared with 1.5% for physician services. Meanwhile, the PPI for finished goods rose 0.1% in July, up 3.0% from a year earlier. -- by [email protected]
Provider PPIs rise faster than general inflation
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