Wholesale prices for general acute-care hospitals rose 1.1% in July, after a 0.1% increase in June. Meanwhile, wholesale physician prices rose 0.1% in July after a 0.2% increase in June, according to the U.S. Bureau of Labor Statistics' Producer Price Index. By comparison, prices for all finished goods rose 0.1%. Hospital prices were 5.2% higher than a year earlier, while wholesale physician prices were 1.8% higher. -- by John Morrissey
Hospital wholesale prices up sharply in July
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