BloombergThe pet pandemic boom is well and truly over
The price of pets has slumped over the past year as people cut down on discretionary purchases and gradually return to the office. But guess what? Both dogs and cats are still outperforming Bitcoin.
As investors look for signs of cooling inflation, there is one discretionary purchase that is firmly in deflation: pets.
Prices of our furry friends have slumped over the past year as demand has fallen with people returning to offices and rising costs pinching wallets. The pandemic pet boom is well and truly over.
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