Price hikes are double whammy for pet owners who are crushed by inflation
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...
More animals, inflation impact Huron Humane Society’s bottom …
3 days ago · Last year, the Huron Humane Society provided shelter for 445 animals, of which 383 were from Alpena. That was an increase of 82 more animals compared to 2023 and added financial pressure to the ...
What spiking US veterinary prices reveal about inflation
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.
Families splurge on their pets even as inflation raises costs - NPR
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.
Animal Shelters Say They're 'Beyond Capacity' Due to Soaring Inflation …
Nov 13, 2022 · Rising inflation means people are having to give up pets they can't afford, animal shelters say. Animal shelters are facing higher costs and fewer donations — as well as...
'Petflation' leading to surge in animal surrenders
Dec 27, 2022 · Inflation and supply chain issues have led to what many are calling “petflation,” because pet supplies, services, food and medical costs have skyrocketed. Research from the ASPCA conducted in June 2022 found that 21% of dog owners and 25% of cat owners relinquished their pets for reasons of expense.
How Inflation is Impacting U.S. Pet Owners - Total Vet - One Vet
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%).
Families are returning their pets to animal shelters due to inflation ...
Jul 19, 2022 · Some pet owners are giving up their animals as families struggle to pay for housing and necessities amid today's inflation. In New York City, surrenders by owners of dogs and cats at the Animal...
Animal shelters are in crisis mode as Americans struggle to ... - Vox
Aug 16, 2023 · Americans adopted animals at record rates in 2020. Now many are headed back to the shelter amid high inflation and a housing crisis.
'22 Pet Market Inflation: Rising Costs from Food to Vet Care
Nov 25, 2024 · Inflation is at record highs, but the pet industry is booming – Experts say spending is expected to almost triple by 2030. The cost of pet food and other pet supplies is rising – Despite inflation, pet owners are still spending more than ever.