According to the U.S. Bureau of Labor Statistics, prices for outpatient hospital services were 0.95% higher in 2019 versus 2018 (a $0.19 difference in value).
Between 2018 and 2019: Outpatient hospital services experienced an average inflation rate of 0.95% per year. In other words, outpatient hospital services costing $20 in the year 2018 would cost $20.19 in 2019 for an equivalent purchase. Compared to the overall inflation rate of 1.70% during this same period, inflation for outpatient hospital services was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Outpatient hospital services:
Year | 2018 | 2019 |
CPI | 735.647 | 742.658 |
Below are calculations of equivalent buying power for Outpatient hospital services, over time, for $20 beginning in 2018. Each of the amounts below is equivalent in terms of what it could buy at the time:
Year | USD Value | Inflation Rate |
---|---|---|
2018 | $20.00 | - |
2019 | $20.19 | 0.95%* |