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'''Shrinkflation''' is a result of higher producer costs due to [[inflation]].
'''Shrinkflation''' is a result of higher producer costs due to [[inflation]].<ref name=ivtp>https://www.investopedia.com/terms/s/shrinkflation.asp</ref>
Two methods by which sales corporations get away with selling products that appear the same or cheaper, but aren't. The first method relies on replacing some of the contents with air. The only noticeable outward change is the package volume description. (i.e. 4 oz. instead of 6 oz.) The second method involves shrinking the packaging and reducing the price ever so subtly that it appears that the original product has undergone an amazing price cut, when in fact, no such price cut has been made, only a new, smaller, product is for sale. i.e. butter, ice cream, and other dairy products.
Two methods by which sales corporations get away with selling products that appear the same or cheaper, but aren't<ref name=ivtp></ref>. The first method relies on replacing some of the contents with air. The only noticeable outward change is the package volume description. (i.e. 4 oz. instead of 6 oz.)<ref name=usbls>https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflation-and-its-impact-on-inflation.htm</ref> The second method involves shrinking the packaging and reducing the price ever so subtly that it appears that the original product has undergone an amazing price cut, when in fact, no such price cut has been made, only a new, smaller, product is for sale. i.e. butter, ice cream, and other dairy products<ref name=usbls></ref>.
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'''An example of the first method:'''
'''An example of the first method:'''
*'''****Final price after adjustment.'''
*'''****Final price after adjustment.'''
The final price is less than the peak price, while greater than the initial price, while simultaneously having less for that price than the initial price.
The final price is less than the peak price, while greater than the initial price, while simultaneously having less for that price than the initial price.
== References ==
{{reflist}}
== See also ==
*[[Inflation]]
[[Category:Inflation]]
[[Category:Inflation]]