Shrinkflation has affected one-third of grocery items, analysis finds. Here are the worst offenders.
CBSN
Americans continue to face higher prices after inflation shot up during the pandemic, in particular for essentials like food. But there's another, less noticeable, trend that's just as painful to your pocketbook eve when a product's cost looks stable: shrinkflation.
About one-third of roughly 100 common consumer products tracked by LendingTree have shrunk in size or servings since the pandemic. The worst offenders — household paper products, like toilet paper and paper towels, personal finance firm's analysis found.
More specifically, shrinkflation refers to scaling back the size of a product but charging the same amount as for the prior, larger portion. The upshot: People end up shelling out more money because they're getting less of a given product.
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