Petflation 2022 – July Update: Prices increase to +9.1% above 2021
The +9.1% July Petflation rate vs 2021 exceeded the National increase of +8.5%!
Author Archive for: johngibbons
Entries by John Gibbons
U.S. Pet Services Spending (Non-Vet) $7.44B (↓$0.40B): 2021 Mid-Year Update
Pet Services was the industry segment hit hardest by the pandemic, but in 2021 the recovery began.
U.S. PET SUPPLIES SPENDING $17.42B (↑$1.14B): MID-YR 2021 UPDATE
With the biggest 6 month spending lift in history, Supplies came back strong from the pandemic in 2021.
SuperZoo 2022 – Its a great opportunity but You Need a Plan!
1000+ exhibitors and 22 hours of showtime. If you literally do nothing else, you can spend 78 seconds with each exhibitor. You need a plan!
SUPERZOO 2022 – THE PET INDUSTRY IS BACK AT FULL STRENGTH!
SuperZoo is back at full strength and a “must attend” for all Pet Industry participants!
Retail Channel Monthly $ Update – May Final & June Advance
Consumers are still spending more than in 2021 but they are buying less!
Petflation 2022 – June Update: Prices increase to +8.8% above 2021
Driven by Food & Supplies, Petflation continues to increase!
U.S. PET FOOD SPENDING $31.56B (↓$6.40B): MID-YEAR 2021 UPDATE
No binge buying in 2021 so a big drop vs 2020 but spending is still $1.5B ahead of the 1st half of 2019.
Tracking Pet Food Pricing – The PPI (Mfg) vs CPI (Retail)
Pet Food Production prices continue to rise so it is likely that Retail inflation will continue to grow.
Retail Channel Monthly $ Update – April Final & May Advance
Strong inflation continues. Retail Sales are up vs 2021 but the amount sold is usually down.