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- Dictionaryshrinkflation/ˌSHriNGkˈflāSH(ə)n/
noun
- 1. reduction in the size or weight of retail products, especially items of packaged food, with no corresponding reduction in the retail price: British "the Bank of England warned UK consumers to prepare for shrinkflation"
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Nov 16, 2023 · Shrinkflation is the practice of reducing the size of a product while maintaining its sticker price. Learn how companies use shrinkflation to boost profit margins, how to spot it, and how it affects inflation measurement.
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.
In economics, shrinkflation, also known as package downsizing, weight-out, and price pack architecture 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.
May 3, 2024 · Shrinkflation is when a company reduces the quantity or size of a product while keeping the price the same. Logically, people would expect that if they’re getting...
Shrinkflation is the practice of reducing a product's amount or volume per unit while continuing to offer it at the same price. Learn the etymology, history, and examples of this word from Merriam-Webster dictionary.
Dec 2, 2018 · Shrinkflation is when firms reduce the size or quantity of a good and keep prices the same. Learn why shrinkflation occurs, how it affects inflation measures and consumer trust, and see some examples of shrinkflation in chocolate, ice cream, tea and more.
Shrinkflation is the term used to describe a situation when a product's size or quantity reduces while its price stays the same. For example, the amount of milk reduces while the price remains the same, this tactic is used by businesses as an alternative to raising prices immediately.
