Author: davidleo

Inflation is a general increase in prices and a fall in the purchasing value of money. It occurs when the demand for goods and services outstrips the available supply, driving up costs. Shrinkflation is a form of inflation that causes the size of products to decrease while the price remains the same or increases. While it might seem like a positive development initially, shrinkflation can have serious negative consequences for both consumers and businesses. Let’s look at shrinkflation and why you might want to opt for it. What Is Shrinkflation Shrinkflation is the stealthy inflation that occurs when the sizes…