Wholesale prices for hospitals jumped 0.9% in January after a 0.4% decline in December 2007, according to the preliminary Producer Price Index from the Bureau of Labor Statistics. In the year-ago period, the PPI for hospitals rose 0.8%. For the 12 months ended in January, the hospital PPI was up 3.2% compared with 3.9% in the year-ago period.
Meanwhile, physician office prices dipped 0.2% in January after a 0.1% decline in December 2007. The PPI increased 3.3% in the year-ago period. For the 12-month period, the physician PPI rose 0.7%, compared with a 4.3% increase in the year-ago period. The PPI measures the average change over time in the selling prices received by producers of goods and services. -- by Cinda Becker
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