Shrinkflation: A Kind of Hidden Inflation

Examining the phenomenon of shrinkflation and its impact on consumer's purchasing power

Authors

  • Akhilesh Kumar

Keywords:

shrinkflation, hidden inflation, size reduction, quantity decrease, cost increase, item quality, item ingredients, Dairy Milk, Choco Bar, chocolate

Abstract

Shrinkflation is the hone of decreasing the size or quantity of a item whereas the cost of theitem remains the same or marginally increments. It is a combination of two words shrink and inflation=Shrinkflation. In a few cases, the term may show bringing down the quality of a item or its fixings whereasthe cost remains the same. Rs. 10- Dairy Milk was premium to eat and they have been also selling Rs. 5-but now Rs. 5- is Rs. 10- andwith much smaller size and infact they are the most shrinking size dealingcompany. I hope they will at leastallow one tooth to eat Rs. 10- chocolate. Same is the case of Choco Bar,Rs. 5- size became Rs. 10- and Rs.10- became Rs. 20-.

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Published

2022-07-01

How to Cite

[1]
“Shrinkflation: A Kind of Hidden Inflation: Examining the phenomenon of shrinkflation and its impact on consumer’s purchasing power”, JASRAE, vol. 19, no. 4, pp. 514–516, Jul. 2022, Accessed: Jul. 03, 2024. [Online]. Available: https://ignited.in/jasrae/article/view/14000

How to Cite

[1]
“Shrinkflation: A Kind of Hidden Inflation: Examining the phenomenon of shrinkflation and its impact on consumer’s purchasing power”, JASRAE, vol. 19, no. 4, pp. 514–516, Jul. 2022, Accessed: Jul. 03, 2024. [Online]. Available: https://ignited.in/jasrae/article/view/14000