“Insightful” Newsletter #6, October 2021
Between August 2020 and August 2021, the PCE price index tracking consumer spending, from the U.S. Bureau of Economic Analysis, rose 4.3% –the fastest pace of inflation since 1991.
We’ve seen the same phenomenon in the dental world. The average fee for an adult prophy increased 3.1% between 2020 and 2021, which is higher than the change over the past two years (2018-2020) combined.
To stay up-to-date with the retail healthcare industry, subscribe to our monthly data-focused newsletter here: https://bit.ly/3uwLhiE