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What Is Shrinkflation? The Sneaky Way Manufacturers Are Raising Prices

Edgar Dworsky, consumer activist, Somerville, MA.

News release, Bureau of Labor Statistics, July 13, 2021.

Business Insider: “Take a look at how companies hide rising costs by shrinking the size of everyday products, from toilet paper to candy bars.”

Feeding America: “The Impact of the Coronavirus on Food Insecurity in 2020 & 2021.”

Craig Gundersen, PhD, ACES distinguished professor, Department of Agricultural and Consumer Economics, University of Illinois at Champaign-Urbana.

Diane Whitmore Schanzenbach, PhD, Margaret Walker Alexander professor of human development and social policy, Northwestern University, Evanston, IL

The Hamilton Project: “Where Does All the Money Go: Shifts in Household Spending Over the Past 30 Years.”

View original article here Source

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