Wholesale prices for acute-care hospitals climbed 0.8% in July after two consecutive months of 0.1% increases, according to the preliminary Producer Price Index from the Bureau of Labor Statistics. The hospital PPI hasn't recorded so high a one-month increase since January. For the 12 months ended in July, the hospital PPI was up 4.7%. Physician office prices remained unchanged after three consecutive months of declines. For the 12-month period, the physician PPI rose 0.6%. The PPI measures the average change over time in the selling prices received by producers of goods and services.
Hospital prices up 0.8%, doc prices hold steady: PPI
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