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The hidden inflation at the supermarket: What is “shrinkflation”?
The rise of the price tags is the visible face of inflation. But there is another, quieter form of price increase happening at the same time: Packages are getting smaller while prices stay the same, or even rise. According to U.S. Government Accountability Office, c onsumers often pay 12% to 32% more for products (e.g., snacks, paper goods) because of the shrinkflation/ Photo: Reuters Where there is inflation, the products you buy from the market don't just get more expensive
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