'Shrinkflation' isn't a trend – it's a permanent hit to your wallet

 

Products are getting smaller, and you're paying the same. The problem won't go away, even if the economy rebounds and inflation abates.

If you've noticed you're getting less while your bill at the till stays the same, it's not just you.

'Shrinkflation' – reducing a product's size or quantity while keeping its price stable – is rampant. As the global economy grapples with issues including rising raw material costs, supply chain backlogs and higher post-pandemic labourer wages, consumers are bearing the brunt of spiking production expenses. (...)