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January 2024 Medical Price Inflation

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The January 2024 Bureau of Labor Statistics Consumer Price Index Report is out today. 

Overall medical care services prices were up 0.7% from December 2023 to January 2024 on a seasonally adjusted basis.  This is an 8.731% annualized rate of price inflation.

Physician services prices were up 0.6% from December 2023 to January 2024 on a seasonally adjusted basis.  This is a 7.4424% annualized rate of price inflation.

Hospital services prices were up 1.6% from December 2023 to January 2024 on a seasonally adjusted basis.  This is a 20.983% annualized rate of price inflation.



   
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