Wholesale prices for acute-care hospital services increased 0.4% last month after a 0.2% climb in June, according to preliminary figures from the U.S. Bureau of Labor Statistics. The agency's Producer Price Index for acute-care hospital services reported a 0.1% change in July 2010. During the 12-month period ended in July, acute-care hospital wholesale prices increased 2.1%, according to the preliminary figures, compared with 3.3% a year ago.
Hospital PPI rises 0.4% in July
Preliminary physician office wholesale prices climbed 0.3% in July after holding steady the month before. In July 2010, the physician office Producer Price Index increased 0.2%. For the 12-month period ended last month, wholesale physician office prices increased 1.3%. The figure is also preliminary. A year ago, the index showed a 2.5% rise in physician office wholesale prices.
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