Consumer products shrinking in size to adapt to inflation
(KYMA, KECY) - You know when you open a bag of chips and realize the bag is only about half full?
You might start seeing a lot more of that, and not just with chips.
More and more products are shrinking in size or quantity.
We're talking everything from slimmed down toilet paper and fewer cookies in a bag to less conditioner.
Retail industry experts say record levels of inflation are costing companies more to produce all sorts of items, so they can either raise prices or give you less. It's called "shrinkflation."