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"Shrinkflation" — when companies charge the same for smaller sizes — is a sneaky way to raise prices. Read on to see what kind of products have shrunk the most. Shrinkflation hits 1 in 3 ...
For example, a six-pack of 3.17 ounce bars of Dove sensitive soap costs $8 at Dollar General, but an eight-pack of the same soap in 3.75 ounce bars costs $10.99 at Target.
A supermarket chain is shaming suppliers like PepsiCo over ‘shrinkflation’—by labeling examples on shelves. Steve Mollman. September 16, 2023 at 11:02 AM. THOMAS SAMSON/AFP via Getty Images.
In economics, shrinkflation, also known as package downsizing, weight-out, [2] and price pack architecture [3] is the process of items shrinking in size or quantity while the prices remain the same. [ 4 ] [ 5 ] The word is a portmanteau of the words shrink and inflation .
In September, Carrefour started labeling egregious examples of shrinkflation on its shelves, with PepsiCo a prominent target. The labels read: “This product has seen its volume or weight fall ...
The AD–AS or aggregate demand–aggregate supply model (also known as the aggregate supply–aggregate demand or AS–AD model) is a widely used macroeconomic model that explains short-run and long-run economic changes through the relationship of aggregate demand (AD) and aggregate supply (AS) in a diagram.
The term "greedflation" was a candidate for word of the year for the Collins English Dictionary in 2023, [3] [4] and was added to Dictionary.com in 2024. [5] [6] Collins Dictionary defines it as either "the use of inflation as an excuse to raise prices to artificially high levels in order to increase corporate profits" or "an increase in the price of goods and services caused by businesses ...
Shrinkflation is just inflation by another name, and two other facts to keep in mind during tonight's State of the Union address.