According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 11.13% higher in 2018 versus 2014.
Between 2014 and 2018: Pet services including veterinary experienced an average inflation rate of 2.67% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2014 would cost $22.23 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.30% during this same period, inflation for pet services including veterinary was similar.
In the year 2014: Pricing changed by 3.18%, above the average yearly change for pet services including veterinary during the 2014-2018 time period. Compared to inflation for all items in 2014 (1.62%), price inflation for pet services including veterinary was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary: