“The Office for National Statistics reports that “the size of product has shrunk for 2,529 consumer items over the past five years.” Everything from toilette paper and coffee to candy bars is notably smaller. However, they are still being sold for the same price as their larger earlier versions. And this was before the pandemic.” – Procurement Insights (May 2022)
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Posted on June 29, 2024
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“The Office for National Statistics reports that “the size of product has shrunk for 2,529 consumer items over the past five years.” Everything from toilette paper and coffee to candy bars is notably smaller. However, they are still being sold for the same price as their larger earlier versions. And this was before the pandemic.” – Procurement Insights (May 2022)
Do you have a picture of “shrinkflation?” Share it in the comments.
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