Senator Calls Out 'Shrinkflation' Tactic Hiding Stealthy Price Hikes on Household Goods
• Sen. Bob Casey warns that companies are using "shrinkflation" - reducing package sizes while raising prices - to hide price hikes from consumers
• Casey cites data showing price hikes for household products well above inflation rates, with over 7-10% attributable to hidden shrinkflation
• Specific products called out for decreasing package sizes include Doritos, Oreos, Wheat Thins, Gatorade, and Great Value toilet paper
• Casey says shrinkflation allows companies to avoid dramatic price hikes that consumers would notice more easily
• The senator plans to take action to better inform consumers and hold companies accountable for "greedflation"