Consumers saw physician-office prices increase slightly, by 0.1%, last month, compared with 0.5% in September, according to seasonally adjusted figures from the Bureau of Labor Statistics Consumer Price Index. For the year that ended in October, physician-office prices rose 2.7%. For the same 12-month period a year ago, the physician CPI increased by 4.3%.
Consumers saw hospital prices rise 0.5% in October, a barely perceptible change from 0.6% the prior month. The price of hospital services climbed 6.5% during the 12 months that ended in October, compared with 7.7% for the prior year.
-- by Melanie Evans