Here’s How Shrinkflation is Impacting Your Food Budgetphoto_chaz / Getty ImagesMany companies have raised prices to keep up with inflation, but retail industry experts now say that we may see consumer products shrink in size, quantity or both because of rising costs. The inflation gauge rose 0.8% from the month earlier, reflecting higher gasoline, food and shelter costs. For example, Procter & Gamble’s Charmin’s ultra-soft toilet paper 18-count mega package contains 244 two-ply sheets, down from 264 double-ply sheets per roll. Super mega rolls are also down to 366 sheets from a previous 396 sheets per roll, CNN reported. See: 16 Ways To Save Money on Food Now That Prices Are RisingFind: How Consumer Attitudes Toward Food Are Shifting as Inflation Impacts Spending Habits“For consumers, this is kind of an annoyance….
Source: CNN April 04, 2022 17:05 UTC