Wholesale prices for hospitals increased 0.2% in September for the second straight month, according to the preliminary figures for the Bureau of Labor Statistics Producer Price Index. That's compared with a slight decline of 0.1% for the same month in 2008.
For the year ended in September, wholesale hospital prices rose 3%, identical to the increase for the prior year and a rise from the 2.6% for the 12 months that ended in August.
Physician wholesale prices inched upward 0.1% in September, as they did the same month a year ago. The physician index rose 0.2% in August. The year that ended in September saw the physician PPI increase 2.6% compared with 0.7% for the prior year, but unchanged from the 12 months ended in August.