shrinkflation
noun[U]
uk/ʃrɪŋkˈfleɪ.ʃən/us/ʃrɪŋkˈfleɪ.ʃən/thesituationwhen thepriceof aproductstaysthe same butitssizegetssmaller:
Shrinkflation is acunningway ofraisingpriceswithoutactuallyraisingthepriceof theproductyou arebuying.
Manyproductshave beenhitby shrinkflation.
Compare
inflation
- Shrinkflation has made hundreds ofproductssmaller.
- Shrinkflationmainlyaffectsfood,drink, and somehouseholdproducts.
- Foodmakersaresteadilyreducingpackagesizestooffsetrisingcostswhilekeepingpricesstable, aretailstrategyknownas “shrinkflation".
Price increases
- accrual
- added value
- anti-inflation
- anti-inflationary
- appreciate
- counter-inflation
- counter-inflationary
- go through the roofidiom
- inflate
- inflationary spiral
- overheat
- reinflate
- reinflation
- rise
- rocket
- roof
- runsomethingup
- shooting
- skyrocket
- soaring
You can also find related words, phrases, and synonyms in the topics:
Economics