Wholesale hospital prices rebounded in June, climbing 0.1% after a 0.2% drop in May, the Bureau of Labor Statistics reported in preliminary figures for its Producer Price Index. For the same month last year, prices rose 0.2%. For the 12-month period ended in June, hospital prices rose 3.4%, compared with 3.3% for the 12 months ended in June 2007.
Physician-office prices were flat last month after rising 0.7% in May, the preliminary figures show. In June 2007, physician prices climbed 0.1%. For the 12-month period ended in June, physician prices rose 0.9%, compared with 3.8% for the year-ago period. -- by Melanie Evans