The consumer price index (CPI) went up from 237.693 in June 2014 to 237.909 in July 2014, an annualized rate of 1.09%. The price index for medical care commodities went up at an annualized rate of 3.99% from June 2014 to July 2014. During the same period, the price index for medical care services and hospital and related services went up at an annualized rate of 1.44% and 5.01%, respectively, whereas professional services went down at an annualized rate of 0.59%. Image source: http://www.shutterstock.com/pic-54762670/stock-photo-background-concept-illustration-consumer-price-index.html