On top of rising food prices and shrinking item sizes, consumer analysts are warning customers about the rise of another issue: skimpflation, which is the practice of swapping out ingredients, often to cheaper alternatives. Kabi Moulitharan has more on the concept of cutting quality to cut costs.
- PepsiCo products pulled from some stores in Europe over ‘unacceptable’ price hikes
- ‘Skimpflation’ hits grocery store aisles amid rising inflationary pressures