How does medical inflation compare to inflation in the rest of the economy?

KFF November 30, 2022
Emma Wager, Jared Ortaliza, Paul Hughes-Cromwick, Krutika Amin, Cynthia Cox

Medical care prices and overall health spending typically outpace growth in the rest of the economy. However, in recent months, prices for many consumer goods and services have increased faster than usual, with overall inflation at a 4-decade high.

This analysis use Bureau of Labor Statistics (BLS) data, including the consumer price index (CPI) and producer price index (PPI) to analyze prices for medical care compared to other goods and services.It finds that in October 2022 overall prices grew by 7.7% from the previous year,...

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