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What is the difference between 'shrinkflation' and 'skimpflation'?

Question #151842. Asked by odo5435.
Last updated Dec 01 2024.
Originally posted Dec 01 2024 5:06 AM.

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WesleyCrusher star
Answer has 4 votes
Currently Best Answer
WesleyCrusher star
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16 year member
189 replies avatar

Answer has 4 votes.

Currently voted the best answer.
Shrinkflation causes an effective price hike by reducing package sizes (quantities) of a product while skimpflation does that by reducing the quality, e.g. replacing a high quality vegetable oil with cheap palm oil or putting inferior parts (e.g. capacitors) into electronic devices.

link https://www.thedailymeal.com/1709226/what-is-skimpflation-explained/

Dec 01 2024, 6:35 AM
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