Here are four healthcare takeaways from the Nov. 14 CPI report:
- The medical care services index rose 0.3% in October after a 0.2% jump in September.
- The hospital services index climbed 1.1% over the month.
- The prescription drugs index rose 0.8%.
- The physician services index fell 1% in October.
The report comes as the Federal Reserve looks to steer the economy into a “soft landing” and get inflation down to its goal of 2%. In a November board meeting, the central bank opted not to change interest rates.
