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From toilet paper to candy bars, companies hide rising costs by shrinking the size of everyday products. Here's what that looks like.

  • Prices of consumer goods are increasing at the fastest rate in 40 years.
  • The term shrinkflation describes brands selling smaller amounts of product for the same price as before.
  • It's a sneaky way for brands to hide growing prices.

Ingredients and manufacturing are getting more expensive and it usually results in two things: higher prices or smaller sized products.

Many of these size changes are subtle, like making candy bars sold in multipacks smaller than ones being sold individually, or changing the shape of their products so you can barely notice the difference in weight.

"Do we raise the price knowing consumers will see it and grumble about it? Or do we give them a little bit less and accomplish the same thing? Often it's easier to do the latter," consumer advocate Edgar Dworsky told The Washington Post.

This phenomenon, known as shrinkflation, was already happening before the coronavirus pandemic, but is set to get worse because of rising labor costs and ingredients prices combined with inflation.

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