According to the U.S. Bureau of Labor Statistics, prices for pet services including veterinary were 2.03% higher in 2018 versus 2017 (a $0.41 difference in value).
Between 2017 and 2018: Pet services including veterinary experienced an average inflation rate of 2.03% per year. This rate of change indicates significant inflation. In other words, pet services including veterinary costing $20 in the year 2017 would cost $20.41 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 2.23% during this same period, inflation for pet services including veterinary was lower.
In the year 2017: Pricing changed by 2.06%, which is above the average yearly change for pet services including veterinary during the 2017-2018 time period. Compared to inflation for all items in 2017 (2.13%), inflation for pet services including veterinary was lower.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Pet services including veterinary:
Below are calculations of equivalent buying power for Pet services including veterinary, over time, for $20 beginning in 2017. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|