Wholesale physician-office prices increased 0.2% in December 2008, according to preliminary Producer Price Index data released by the Bureau of Labor Statistics. For the 12-month period ended in December, prices grew 1.2% compared with 4% in the year-ago period. PPI measures the amount of payment received for provided goods and services.
Wholesale hospital prices held steady during the last month of 2008, compared with a 0.1% drop in November 2008. For the 12 months ended in December, wholesale hospital prices rose 1.5% compared with 3.8% the previous year.