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Consumers in the United Kingdom are noticing “double dip shrinkflation”, where products such as chocolate and crisps have reduced in size multiple times as suppliers try to protect their profits.
Food businesses have been reducing the size or weight of products in the wake of inflation eating into the cost of production, with raw materials getting more expensive along with inputs such as fuel, electricity and transport.
NEW YORK: Baskets overflowing with chocolate bunnies and pastel-coloured marshmallows are a holiday staple, with Americans forecast to spend more than US$5bil on candy this Easter season.
The price of eggs is just one sore spot in a food economy that has Americans on edge.
Hongkongers bitten by higher prices have taken to shopping across the border or exchanging used items.
PETALING JAYA: More young property buyers, especially those about to start their own families, may be forced to purchase their first homes in the outskirts of the Klang Valley, such as Rawang and Dengkil, as residential properties in prime city locations suffer from “shrinkflation”.
From toilet paper to yogurt and coffee to corn chips, manufacturers are quietly shrinking package sizes without lowering prices. It’s dubbed "shrinkflation,” and it’s accelerating worldwide
Denial of refunds, unclear arrangements for meeting performers and obstructed views among cases received by Consumer Council
LONDON: As the Easter holidays approach, higher cocoa prices mean shoppers are paying far more for their chocolate eggs and bunnies. But that’s just the tip of the iceberg.
The indirect discussion on multiple-home ownership between Housing and Local Government Minister Nga Kor Ming and former Cabinet member Khairy Jamaluddin over various media channels has ignited interest among Malaysians.
LONDON: From tractors stuck in muddy paddocks to raw sewage washing up from clogged waterways, extreme rain and flooding have wreaked havoc on British farmers this year.
Restaurant portions are getting smaller, and diners aren’t happy.
JOHOR BARU: The price of a standard cup of coffee here has increased by about 70% in the past three years.
PETALING JAYA: Maintaining a reasonable volume of sales to avoid extra overhead costs is among the efforts taken by food operators to cope with pricier raw cooking materials, says a trading group.
UK consumers are increasingly worried about their financial security and holding tighter to their purse-strings heading into 2024, reviving concerns that the economy could tip into a recession.
I AM a careful shopper. I like to read labels on food packaging to check the ingredients, expiry dates and the weight to make sure I get the best value for my buck. For the most part, I will give the manufacturers the benefit of the doubt and trust what is labelled is true.
Neo-Luddism? Train-bragging? Here is a list of 23 words that we’ll likely be using this year
As the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher inflation.
AS the war in Ukraine pushes up wheat prices and a weaker peso raises the cost of imported edible oil, many Philippine bakers are shrinking the size of a popular breakfast roll to cope with higher inflation.
The price of men's clothing has increased by 0.3% and children's clothing prices have increased by 0.34%. All of which is significantly less than for women's clothing, which reportedly costs on average 6.51% more in June 2022 than in the 2000s.
