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    Home»Arts/Lifestyle/Culture»Shrinkflation bites: Australian grocery prices are rising as portions get smaller
    Arts/Lifestyle/Culture

    Shrinkflation bites: Australian grocery prices are rising as portions get smaller

    Ashleigh WrightBy Ashleigh WrightJune 27, 2022Updated:August 11, 2023No Comments1 Min Read

    Australian consumers are getting less bang for their buck as supermarkets are downsizing their products while keeping prices the same.

    The move, dubbed ‘shrinkflation’ by economists, is a way for companies to increase the price of popular brands without having to swap out their price tags.

    Due to the small changes in the product sizes, customers are less likely to notice the shrinkage, but their pocket isn’t.

    RadioU UOW · SHRINKFLATION by Ashleigh Wright
    (Image credit: Ashleigh Wright)
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