Wholesale prices for hospitals increased 0.2 percent in September, the Bureau of Labor Statistics reported. The increase in the Producer Price Index (PPI) compares with a price drop of 0.1 percent for the same month in 2008.
For the year ended in September, wholesale hospital prices rose 3 percent, the same as the increase for the prior year. For the 12 months that ended in August, the price increase was 2.6 percent.
Physician wholesale prices increased 0.1 percent in September, matching the price increase in September 2008. The physician PPI was up 2.6 percent for the 12-month period that ended in September, as compared with 0.7 percent for the prior year. It was unchanged from the 12 months ended in August.
