Prices for hospital services climbed 0.7% in February, up from the 0.6% rise in January, according to the U.S. Bureau of Labor Statistics’ seasonally adjusted Consumer Price Index. For the 12 months ended in January, the hospital CPI was up 6.0%.
The physician CPI rose 0.6% in February, down from a 1.2% rise in January. For the 12-month period, the physician CPI rose 4.1%. In general, on a seasonally adjusted basis, the CPI for all urban consumers increased 0.4% in February, following a rise of 0.2% rise in January. The CPI measures the average change in prices over time of goods and services purchased by households.