British shoppers hit by ‘shrinkflation’

Food giants and

Rising commodity, energy, and labor costs have been forcing companies in the UK to downsize their products.

Food giants and other companies in Britain have been cutting the size of their products lately in response to rising costs to keep the price the same. Economists warn that inflationary pressure will remain for the rest of the year, meaning Britons will further feel the impact of ‘shrinkflation’ as companies pass the costs on to customers.

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