According to the U.S. Bureau of Labor Statistics, prices for pets, pet products and services were 2.68% higher in 2018 versus 2015 (a $0.54 difference in value).
Between 2015 and 2018: Pets, pet products and services experienced an average inflation rate of 0.88% per year. In other words, pets, pet products and services costing $20 in the year 2015 would cost $20.54 in 2018 for an equivalent purchase. Compared to the overall inflation rate of 1.87% during this same period, inflation for pets, pet products and services was lower.
In the year 2015: Pricing changed by 0.97%, which is 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%), 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:
Below are calculations of equivalent buying power for Pets, pet products and services, over time, for $20 beginning in 2015. Each of the amounts below is equivalent in terms of what it could buy at the time:
|Year||USD Value||Inflation Rate|