Part 1/9:
Understanding Shrinkflation: The Hidden Cost of Consumer Products
In a world where prices are constantly on the rise, consumers often find themselves grappling with another phenomenon known as shrinkflation. The term, which combines "shrink" and "inflation," refers to the practice of reducing the size or quantity of a product while maintaining the same price. It’s a subtle tactic that allows companies to navigate the pressures of increasing costs without alarming consumers with higher price tags.