Cat Food Price Increase 2024. The retail inflation rate for pet food is now 66 percent of the ppi increase for dog & cat food. This overall trend is reflected in the price indexes for dog food and cat food;
According to nielseniq, the total pet care price index in may 2022 was 119.5, up 18.31 points in may 2021. Bureau of labor statistics, prices for pet food are 91.26% higher in 2024 versus 1997 (a $18.25 difference in value).
Pet Food Inflation In The U.s.
Dog food was indexed at.
During The Pandemic, A Whopping 23 Million American Households — About One In Five — Adopted A Dog Or Cat.
They turned up and grew, peaking in may 2023.
The Retail Inflation Rate For Pet Food Is Now 66 Percent Of The Ppi Increase For Dog &Amp; Cat Food.
Images References :
Nestlé Increased Its Pricing Across All Product Categories, With Purina Petcare Experiencing The Highest Price Hike At 9.6% In The First Nine Months Of The Year.
The price of this 12 pound bag of merrick cat food increased 103.8% in only two years.
This Persistent High Level Of.
Rose to 9.1% in may 2022 versus may 2021, exceeding the 8.6% increase in the total consumer price index (cpi) for may 2022.
This Reflects The Largest Seasonally Adjusted Cpi Change Since August 2022.