Prices for hospital services rose 0.4% in December, down from a 0.6% increase in November, according to the U.S. Bureau of Labor Statistics seasonally adjusted Consumer Price Index. For the 12 months ended in December, the hospital CPI was up 8.3%.
The physician CPI rose 0.4% in December, up from the 0.1% rise in November. For the 12-month period, the physician CPI rose 4.1%. In general on a seasonally adjusted basis, the CPI increased 0.3% in December, following a 0.8% rise in November. The CPI is a measure of the average change in prices over time of goods and services purchased by households. -- by Cinda Becker
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