'Petflation' slows in May as national CPI climbs

Pet industry inflation eased in May, with total petflation dropping to 3.2% year over year, down from 3.8% in April, even as the national Consumer Price Index (CPI) accelerated to 4.2%, according to John Gibbons, president of Pet Business Professor, who tracks monthly U.S. Bureau of Labor Statistics CPI data for the pet industry, in his latest petflation report.

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