According to the U.S. Bureau of Labor Statistics, prices for purchase of pets, pet supplies, accessories are 11.47% higher in 2024 versus 2021 (a $2.29 difference in value).
Between 2021 and 2024: Purchase of pets, pet supplies, accessories experienced an average inflation rate of 3.69% per year. This rate of change indicates significant inflation. In other words, purchase of pets, pet supplies, accessories costing $20 in the year 2021 would cost $22.29 in 2024 for an equivalent purchase. Compared to the overall inflation rate of 4.96% during this same period, inflation for purchase of pets, pet supplies, accessories was lower.
In the year 2021: Pricing changed by 1.31%, which is below the average yearly change for purchase of pets, pet supplies, accessories during the 2021-2024 time period. Compared to inflation for all items in 2021 (4.70%), inflation for purchase of pets, pet supplies, accessories was much lower.
Below are calculations of equivalent buying power for Purchase of pets, pet supplies, accessories, over time, for $20 beginning in 2021. Each of the amounts below is equivalent in terms of what it could buy at the time:
| Year | USD Value | Inflation Rate |
|---|---|---|
| 2021 | $20.00 | 1.31% |
| 2022 | $21.54 | 7.72% |
| 2023 | $22.11 | 2.63% |
| 2024 | $22.29 | 0.83%* |
* Not final. See inflation summary for latest details.
** Extended periods of 0% inflation usually indicate incomplete underlying data. This can manifest as a sharp increase in inflation later on.
Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Purchase of pets, pet supplies, accessories:
| Year | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
| CPI | 100.000 | 100.115 | 100.169 | 100.454 | 101.100 | 103.385 | 103.915 | 104.377 | 107.715 | 109.985 | 112.393 | 115.829 | 119.564 | 117.565 | 117.625 | 117.303 | 114.829 | 113.606 | 113.660 | 113.737 | 113.275 | 114.405 | 117.645 | 115.644 | 117.157 | 126.200 | 129.522 | 130.599 |