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To be sure, shrinkflation is by no means a new consumer phenomenon. The term is credited to British economist Pippa Malmgren in 2009, but the trend picked up in the post-pandemic years as ...
Call it inflation's sneaky twin. Shrinkflation, a practice meant to disguise inflation, is currently trending in grocery stores nationwide. Don't Miss: 5 Best Foods To Buy in Bulk at Costco This...
The Clarify Capital shrinkflation study interviewed consumers to see how people feel about shrinkflation, and which products are noticeably "shrinking" the most. A whopping 81% of consumers said ...
Many companies have raised prices to keep up with inflation, but retail industry experts now say that we may see consumer products shrink in size, quantity or both because of rising costs. See:...
In the United States, the Bureau of Labor Statistics has written that "the impact of product downsizing at the all commodity and services level is minimal, with an average annual effect of 0.01 percent per year, so while consumers may notice shrinkflation at the grocery store, it has a very small impact the overall inflation picture they face ...
Some companies are reducing the size or quantity of their products rather than raising prices, leaving consumers shortchanged Brace Yourselves: Shrinkflation Is Here. Check Out the Products ...
Shrinkflation occurs when manufacturers reduce the size of their packaging but keep the price the same. It’s a way to charge consumers the same for less merchandise.
Shrinkflation is not new, but it is getting easier to spot in the grocery store these days. No, you're not imagining it. That bag of chips is getting smaller. Shrinkflation is not new, but it is ...