WebJun 1, 2024 · It’s a form of retail camouflage known as “shrinkflation,” and economists and consumer advocates who track packaging expect it to become more pronounced as inflation ratchets up, taking hold of... WebDec 21, 2024 · In economics, shrinkflation is the practice of reducing the size or quantity of a product while the price of the product remains the same or slightly increases. In some cases, the term may indicate lowering the quality of a product or its ingredients while the price remains the same.
What Is Shrinkflation? Why You May Be Paying More for Less - Today
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15 Sneaky Examples Of Shrinkflation You Need To See - BuzzFeed
WebJul 20, 2024 · Shrinkflation tends to happen in times of high inflation because manufacturers are trying to cut corners and deal with rising costs of ingredients, packaging, labor, and transportation.... WebJun 11, 2024 · Retail brands are increasingly turning to "shrinkflation" to avoid scaring off customers with higher prices, instead keeping prices the same for smaller packages and less product. When it comes... WebJul 23, 2024 · A tactic known as “shrinkflation,” deployed by consumer product brands and grocery stores. The phenomenon — getting less for your money because a manufacturer has reduced the size of the product—... foreign appliances