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Monday, April 29, 2024

Shrinkflation

Reduction of quantity/quality of a good without corresponding price reduction


Shrinkflation
Shrinkflation

In economics, shrinkflation, also known as package downsizing or weight-out, is the process of items shrinking in size or quantity while the prices remain the same. The word is a portmanteau of the words shrink and inflation. Skimpflation involves a reformulation or other reduction in quality.

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