Friday, October 08, 2021
Smaller Products, Rising Prices: Shrinkflation Hitting Grocery Store Shelves
MINNEAPOLIS (WCCO) — Shrinking products and rising prices. From cereal to soap, paper towels to pretzels, you might have noticed you’re not getting as much as you used to at the grocery store. Consumer blogs pointed WCCO to products like oatmeal packets of 10 cut to eight for some varieties, tuna cans from seven to five ounces, and some family size cereals slimming down from 19.3 ounces to 18.8 ounces, all evidence of inflation, or what’s known as shrinkflation.
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This has been going on for 17-18 years
ReplyDeleteIt's been going on since fricken Nixon!!!
DeleteI don't know about Nixon, but it has definitely going on since Carter in 1977.
DeleteBought a dish washer. It came. No water supply and no clamps for under the counter. Ya gotta buy them separate. Aint that some shit. Years ago they came with hose and clamp plus they would throw in a small bottle of rinse and even soap. No free stuff or thank you for your patronage these days.
ReplyDeleteTo quote Judge Smails: You'll get nothing and like it!
Delete"...announced it will charge 4% to 9% more through 2022." That's what they say now. This crap is just getting started and those numbers will be revised much higher in a matter of months. Maybe even weeks.
ReplyDeleteI really began to notice it in about 2009. I called it "Obamanomics" for pay more for less of what you are buying. Now that the nation is Riding with Biden it has only gotton worse. Oh, and it will get worse to be sure.
ReplyDeleteThis ain nothing new. To keep the same price of their famous candy bar, Hershey incrementally reduced the size until the final size was 80% of the original size. That was when they charged fifteen cents.
ReplyDeleteWe've got some serious shrinkflation going on with the new occupant of the white house.
ReplyDeleteIt's coin clipping. Cans of food used to all be 16 fl. oz. Now they're 10 fl. oz. And that happened in the 90s. Rome used to clip coins (cut a small part off, put it in a tray in gov't offices). Then they'd mint new coins. It didn't end well for them either. Food changes like shrinkflation are indeed inflation. And they are clipping by cutting down the sizes.
ReplyDeleteRick the first candy bar I ever bought with the money I earned cost me 5 cents. It was a Hershey's chocolate bar with almonds. Lots of almonds.
ReplyDeleteYou know, none of that would be necessary if Federal Reserve Bankers would simply print smaller dollar bills.
ReplyDelete