The prices consumers paid for hospital services rose 0.4% in October and 5.5% in the 12 months through October, according to seasonally adjusted data from the U.S. Bureau of Labor Statistics. The bureau's Consumer Price Index for physician services rose 0.2% in October and 4.3% in the 12 months. The increase in the CPI for the overall economy was 0.6% in October and 3.2% in the 12 months. The CPI tracks changes in prices paid by urban consumers for a representative sample of goods and services. The Producer Price Index, released Tuesday, which tracks changes in the prices received by producers, showed 12-month increases of 3.9% for hospital prices and 1.6% for physician prices. -- by Paul Barr
Hospital CPI up 0.4% in month, 5.5% in 12 months
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