Wholesale prices for hospitals rose in October by 0.6%, a slight acceleration from the prior months 0.2% increase, according the preliminary figures from the Producer Price Index from the Bureau of Labor Statistics. For the 12-month period ended in October, wholesale prices rose by 1.9%, compared with 3.6% the year before.
Physician-office prices climbed 0.2% in October after remaining flat in September, the preliminary figures show. For the 12-month period ended in October, wholesale physician-office prices rose 0.7% compared with 4.5% the prior year. -- by Melanie Evans