‘Shrinkflation’: Manufacturers put less in packages but keep prices the same

NEW YORK — As prices for consumer goods continue to rise, experts are ringing alarm bells over so-called shrinkflation. The latest data from the Consumer Price Index indicates that prices on everyday goods have jumped 5% over the last 12 months — the largest one-year increase since August 2008.

Read full article here:

abc7chicago.com/10871119/

You might also like
Share this article
Menu