Wholesale prices for general acute-care hospitals climbed 0.5% in November and 3.3% for the 12 months ended in November. There was no change in the prices received by physician offices and a 1.9% increase in physician prices for the 12 months, according to the preliminary Producer Price Index from the Bureau of Labor Statistics. The increase in the acute-care hospital PPI was the largest since February, when hospital prices rose 0.6%, and ran counter to the index for all finished goods, which declined 0.7%. Prices for finished goods, excluding food and energy, increased 0.1% in November after decreasing 0.3% in October. The PPI measures the average change over time in prices received by producers of goods and services. -- by Cinda Becker
Hospital PPI up 0.5% in November, doc PPI steady
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