According to the U.S. Bureau of Labor Statistics, prices for pets, pet products and services were 2.26% higher in 2018 versus 2015.
Between 2015 and 2018: Pets, pet products and services experienced an average inflation rate of 0.75% per year. In other words, pets, pet products and services costing $20 in the year 2015 would cost $20.45 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.69% during this same period, inflation for pets, pet products and services was lower.
In the year 2015: Pricing changed by 0.97%, above the average yearly change for pets, pet products and services during the 2015-2018 time period. Compared to inflation for all items in 2015 (0.12%), price inflation for pets, pet products and services was higher.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pets, pet products and services: