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What is shrinkflation? Here’s why consumers may be getting less for their money

From cnbc.com

Some grocery store products are providing less for your money. And everyone from President Joe Biden to Cookie Monster has noticed. Blame shrinkflation. The term — which is increasingly used in conversation — refers to products becoming smaller in size, weight or quantity as their prices stay the same or even increase. Biden took companies to task for shrinking sports drinks and ice cream cartons and providing fewer chips in snack bags, in a pre-Super Bowl video posted on social media. At the State of the Union, he again took a stand against shrinkflation, complaining that Snickers bars have become smaller. Mars, the ... (full story)

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  • Category: Fundamental Analysis