Shrinkflation

Companies are well aware of this which is why we are witnessing shrinkflation all over the place. Shrinkflation occurs when businesses try to save money due to rising prices by putting less food in the bag or smaller portions on the plate while charging the same amount to make more money. Sometimes, it’s fewer chips in a chip bag; other times, it implies the quality of the goods and services is declining. This might be due to substituting a higher quality ingredient with a cheaper and lower quality one. https://ranjandastalks.com/blogpost.php/shrinkflation

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