Mar 19, 2023 · In February, when annual CPI declined to 6%, the catch-all “pets, pet products and services” index rose to 10.9%, veterinary services jumped nearly 2 percentage points to 10.3% and pet food...

Oct 12, 2022 · America’s worst bout of inflation in four decades has swollen the cost of your dog or cat’s visit to the animal doctor. Prices for vet services have jumped 10% in the past year, government data shows — the biggest such spike on records dating back two decades.

1 day ago · Animal Welfare Groups Warn Brooke Rollins That USDA Is Driving Inflation, Causing Immense Animal Suffering, and Threatening Human Health with Bird Flu Response. Agency response is gutting a key sector of agriculture, costing consumers and taxpayers more than $20 billion and doing little to stem spread of runaway bird flu H5N1.

Jul 30, 2024 · Prices for pets and pet products and services have surged 25.8% in the last five years, outpacing inflation. Veterinary services alone have surged even more, rising 38.6% in the same time frame.

Jul 27, 2024 · Inflation in the U.S. and Its Impact on Pet Owners: Highlights. 50% of pet owners have had to shop for cheaper alternatives to pet food (cheap dog food and cheap cat food) as a result of inflation. Pet owners have also shopped for cheaper alternatives to pet treats (41%), pet toys (34%), and pet health supplements (28%).

Feb 16, 2024 · Petflation has been on the rise since 2022, reaching its peak in January 2023, and continues to exert influence on consumer pet spending, especially in discretionary pet segments. The Petflation rate for December 2021 was +4.1 percent, and it has consistently outpaced the national inflation rate since then.

May 15, 2023 · The 2021>23 inflation surge provided 110 percent of the overall inflation since 2019. This happened because Pet Supplies prices strongly deflated in 2020>21. U.S. CPI – Prices are +0.5 percent from March.

Jun 14, 2022 · Inflation is getting worse, and it accelerated again in May. Pet Food – Prices are up 1.6 percent vs. April and 9.1 percent vs. May 2021. The YOY increase is being measured against a deflationary year, but that increase is more than triple the pre-pandemic 2.8 percent increase from 2018 to 2019.

Mar 22, 2022 · More than 70% of dog parents have noticed the rising costs of food, treats, toys and veterinary visits, and 73% worry about prices continuing to grow. However, many pet owners are still willing...

Feb 17, 2023 · Inflation may be cooling off overall, but the price of pet food, pet products and pet care services remains stubbornly high. What have you encountered in your ongoing care for your dog, cat or...