Companies Shrink Product Sizes to Quietly Raise Prices Amid High Inflation
• Companies using "shrinkflation" to raise prices by charging same or more for smaller portions
• Study finds up to 10% of inflation in some categories attributable to shrinkflation
• Toilet paper and snacks among product categories with significant shrinkflation
• Companies cite inelastic demand for essentials like toilet paper to justify shrinkflation
• Bill and ad campaign aim to fight shrinkflation amid high inflation