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Shrinkflation is when manufacturers reduce the size or quantity of a product without changing its price. You may still pay $4.99 for a bag of chips, but you are now getting 9 ounces instead of 12. This hidden price hike helps companies manage rising costs without triggering consumer sticker shock.
Shrinkflation is when manufacturers reduce the size or quantity of a product without changing its price. You may still pay $4.99 for a bag of chips, but you are now getting 9 ounces instead of 12. This hidden price hike helps companies manage rising costs without triggering consumer sticker shock.
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