shrinkflation
Consumers say ‘shrinkflation’ continues in food
Three out of four Americans said they have noticed “shrinkflation” at the grocery store within the past 30 days, with snack foods catching their attention most frequently, said a Purdue University report on Wednesday. Shrinkflation is the practice of reducing the amount of food in a package while keeping the price the same.
Time to bust the meat trust
In speech, Biden backs ban on ‘shrinkflation’
President Biden, in his State of the Union address Thursday night, urged Congress to ban “shrinkflation” — the practice of reducing product size or quantity without lowering the price — in food and other consumer goods. “Pass Bobby Casey’s bill and stop this,” said Biden, referring to Sen. Bob Casey of Pennsylvania.