Rx drug prices -4.5% y/y vs CPI +3.7%: a $100 drug bill is ~$95.50 while the basket is ~$103.70, an 8.2 pt gap
BLS data out Wednesday shows US prescription drug prices fell 4.5% in the year through September, the biggest annual drop on record. Overall prices rose 3.7%.
So a $100 drug bill from last September is ~$95.50 now while the rest of the basket is ~$103.70. An 8.2 point gap. Caveat: the index tracks what pharmacies get paid, not always your copay.
https://www.bls.gov/news.release/cpi.nr0.htm
Sources: Wisevoter: prescription drug price index fell 4.5% over 12 months ending September 2026, largest annual decline on recor · Prescription Drug CPI (BLS series CUSR0000SEMF01): -4.5% Sep 2026, lowest since 2001 data, nine straight months below a · CNBC TV18 (Aug): the index measures pharmacy payments, not out-of-pocket costs; experts also credit the IRA and generics
Not financial advice. For informational and educational purposes only.
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