Inflation is becoming a fact of life in just about every region of the world.
Inflation is becoming a fact of life in just about every region of the world. In the US, the consumer price index (CPI) increased 1% from May to June and 5% since June 2007. The US Bureau of Labor Statistics, which tracks both consumer and producer prices, said the CPI increase was due mainly to sharp spikes in the energy and food indexes (no surprises there). Though the report did not separate out petfood, it specifically cited increases in the indexes for pets, pet products and services.Read More