While so-called shrinkflation — where the cost of a product stays the same though its size declines — isn’t a new phenomenon, consumer-protection authorities in Europe’s top economy are being inundated by complaints.
The group’s list of “bluff packages” includes 14 per cent inflation for gummy bears and 20 per cent for potato chips. Manufacturers have called a 25 per cent price jump for some margarines an “exceptional step in difficult times” caused by “dramatic cost increases across the whole supply chain, including raw materials.”
It's happening here in Canada as well.
It is awfull. What use to be a pound of bacon is now 30-40%less and the price is higher. I don't mind paying more for an actual pound of bacon but to shrink it and charge more is awful.
Canadians are already being gouged by everyone.
I was in Europe for a month. With most items, food is about 30% cheaper than here. A litre of milk in Ireland was 1.05€. We are truly being gouged.
Bad in US too....
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
THE BIG READ: How short-term vacation rentals are ruining the neighbourhoodLiving next door to a ‘ghost hotel’ has become a nightmare for many Ontario homeowners. Cities and towns across the province are struggling to keep the peace without turning away tourists Every town has noise bylaws. I rent out my cottage and am selective who i rent to. Zero complaints from neighbours. Abnb and others have given passive income to people who either want a little rental income or dont want the problems that can come from traditional tenants
Source: SooToday - 🏆 8. / 85 Read more »
Cardano holders not in mood to trade should read this firstCardano’s native cryptocurrency ADA has been hovering within the $0.49 and $0.55 price range since the end of July. This is after a bit of recovery from its bottom a few weeks ago. This range suggests that the bullish momentum has been limited and some price observations suggest that more downward pressure might be on […]
Source: CryptoAmb - 🏆 22. / 68 Read more »
German ex-leader Schroeder sues to restore official perks
Source: CTVNews - 🏆 1. / 99 Read more »
Roller coaster crash at German amusement park injures 34Two roller coaster trains crashed into each other Thursday at an amusement park in southern Germany, injuring at least 34 people, two of them severely, German media reported.
Source: TorontoStar - 🏆 60. / 55 Read more »
Trial begins for ex-German army reservist suspected of spying for RussiaProsecutors have said the former reservist provided Russian agents with ‘numerous documents and information’ about the German army from October 2014 until March 2020 There are still people fighting Nazis in Germany
Source: globeandmail - 🏆 5. / 92 Read more »
Roller-coaster crash at German amusement park injures 34Two roller coaster trains crashed into each other at an amusement park in Germany, injuring at least 34 people, two of them severely.
Source: TheTorontoSun - 🏆 23. / 68 Read more »