"Shrinkflation: The Real Impact on Consumers and Politics"
TL;DR
"Shrinkflation," the practice of reducing product sizes while maintaining prices, has been a long-standing tactic by manufacturers, but it's now under increased scrutiny as inflation and higher food prices draw attention to the issue. Even Cookie Monster has voiced his frustration on social media. President Biden has pledged to sign a bill banning shrinkflation, reflecting growing consumer discontent over paying more for less.
Topics:businesseconomics#consumer-awareness#economics#food-prices#government-action#inflation#shrinkflation
- You're Not Imagining It; Shrinkflation Is Real : Consider This from NPR NPR
- Warren picks up Biden's call to crack down on 'shrinkflation' ABC News
- Snickers denies Biden's SOTU accusation that it has reduced candy bar sizes in 'shrinkflation' New York Post
- Opinion | Cookie Monster isn’t your puppet, Democrats The Washington Post
- Long Island shoppers sound off on so-called 'shrinkflation' trend Newsday
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