Petflation 2022 – October Update: Prices increase to +11.6% above 2021
Petflation is now 50% higher than the national rate for October and just passed the YTD rate!
Author Archive for: johngibbons
Entries by John Gibbons
2021 U.S. PET SERVICES SPENDING $9.10B…Up ↑$2.21B
A strong, widespread Pandemic recovery as 90% of demographic segments spent a record $2.2B more on Services!
2021 U.S. PET SUPPLIES SPENDING $23.81B…Up ↑$8.65B
Supplies Spending comes roaring back with the biggest, most demographically widespread lift in history.
Retail Channel Monthly $ Update – August Final & September Advance
Retail spending vs 2021 is still up but the amount of product sold is still down!
Petflation 2022 – September Update: Prices increase to +11.0% above 2021
Petflation is now 34.5% higher than the National Rate!
2021 U.S. PET FOOD SPENDING $34.41B…Down ↓$2.44B
Pet Food spending falls slightly after the pandemic binge buying in 2020.
Retail Channel Monthly $ Update – July Final & August Advance
The 3rd biggest Retail Sales month in history but inflation is still a major problem!
Tracking Pet Food Pricing: The PPI (Mfg) vs CPI (Retail) – August Update
The PPI for all types of Dog & Cat Food increased in August signaling that Pet Food Retail Inflation is likely to grow!
Petflation 2022 – August Update: Prices increase to +10.1% above 2021
The National Inflation rate is stabilizing but Petflation is growing!
2021 Top 100 U.S. Retailers – Sales: $2.66 Trillion, Up 9.7% 162,495 Stores with Pet Products……plus the Internet!
The pandemic recovery was massive & widespread but the Top 100 still accounts for 58% of U.S. Relevant Retail $ and 3/4 of Pet Products Sales!