Retail Channel $ Update – May Monthly & June Advance

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Inflation has radically slowed but its cumulative impact is seen in a big drop in the size of YOY sales increases!

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SUPERZOO 2024 – THE SHOW & THE PET INDUSTRY ARE STRONGER THAN EVER!

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With a Record Exhibitor Count and packed with “New” – products & exhibitors, SUPERZOO is a “must do” for Pet Industry Participants!

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Petflation 2024 – June Update: Increases to +2.0% vs 2023

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The CPI drops from 3.3% to 3.0% but Petflation rises from 1.6% to 2.0%!

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U.S. Pet Services Spending (Non-Vet) $12.77B (↑$1.90B): 2023 Mid-Year Update

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After increasing by 66% in 18 months, Services spending growth slowed to 3.3% in the 1st half of 2023.

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U.S. PET SUPPLIES SPENDING $23.59B (↓$0.79B): MID-YR 2023 UPDATE

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The Pet Supplies spending rollercoaster continues.

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Retail Channel $ Update – April Monthly & May Advance

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May was much better than April but the YOY monthly sales increases are still far below average.

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Petflation 2024 – May Update: Slows to +1.6% vs 2023

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Petflation slows as the Product segments deflate while prices in the Service segments reach record highs.

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U.S. PET FOOD SPENDING $40.86B (↑$4.51B): MID-YEAR 2023 UPDATE

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A strong 12.4% lift in $, but considering 14.1% inflation, it was really a -1.7% drop!

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Retail Channel $ Update – March Monthly & April Advance

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Inflation is slowing and prices are deflating in 7 channels. However, it’s cumulative impact is still there with a reduction in YOY growth!

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Petflation 2024 – April Update: Drops to +1.7% vs 2023

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At 1.7%, Petflation is now 50% below the CPI. In January, it was +52% but prices are still 26% higher than in 2019!

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