Commentary
Inflation in the pet consumables markets has been in the news recently. The January Consumer Price Index shows the price of pet food is up 15 percent from last year with pet and pet product prices up 12 percent. We’re sharing these article that reference the inflation trends so animal health pros can help pet owners focus on their pets’ essential and urgent needs.
Part of our responsibility is finding products that are effective and safe for prevention that are also maybe along the lines of a little less expensive but we’re not cutting any corners as far as number one safety for the pet.” – Michael Henricks, DVM
Sources:
- Pet owners feeling the pinch of inflation, Spectrum News, March 5, 2023. Link.
- Pets don’t get inflation, but they are feeling its effects, Wall Street Journal, February 16, 2023. Link.
- Would you give up your pet if its food was too expensive? FOX Business, March 5, 2023. Link.
INSIGHTS: Essential and urgent needs for animals involve adequate nutrition, preventative medicine and proper care. Pet insurance can help pet owners afford their pets’ veterinary care.
The ASPCA® Pet Health Insurance program recently announced their Cost of Care Wheels are now available in a digital platform 24/7 <Link>. This QR code lets animal health pros use these tools when communicating with pet owners. ASPCA® Pet Health Insurance is a sponsor of Animal Health Digest.
