seriously
Quote:
"i disagree...show me data"
(shows data)
"I still don't believe it!"
Quote:
"i disagree...show me data"
(shows data)
"I still don't believe it!"
Dill-Ag13 said:
Even smaller things. I noticed a 'standard 16oz can' of HEB diced tomatoes is 15.5oz. Same goes for Folgers coffee.
EclipseAg said:
Have you bought cough medicine recently?
Bottle size has shrunk significantly. Prices remain the same or higher.
AggieDruggist89 said:EclipseAg said:
Have you bought cough medicine recently?
Bottle size has shrunk significantly. Prices remain the same or higher.
Save your money. That **** don't work..
Stat Monitor Repairman said:
Ground coffee now in 10oz cans and 10oz bricks?
Has that been a traditional size for coffee in the US?
htxag09 said:ac04 said:
completely disagree that shrinkflation is accounted for in CPI. i would be interested in any info/data that supported that theory.
https://finance.yahoo.com/news/shrinkflation-amid-food-inflation-is-just-like-a-magic-show-expert-162827304.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAiGnvisrs2tgd2m6ZqPGxcvotWoYmGfmyt6q-4eL5g9vu26kraMiEN-dVaqCgmAezRipUmNhoUBmgc-qMxTPrZjy2cgPKiYoy6Y1vKmNFf282m6BHgbNg-KiiZMRo0VCP3wO8NmNt32j0twHyCjM0v6siscV4-vo6b_iad9YWcTQuote:
In July, the cost of groceries increased 13.1% compared to last year, according to the Bureau of Labor Statistics' (BLS) July Consumer Price Index (CPI). In addition to tracking prices, the BLS also monitors "shrinkflation" when the price of a product stays the same (or rises), but its package size gets smaller.
But according to the BLS, shrinkflation is a type of price increase. "That's something we track and account for," Steve Reed, an economist at the BLS told Yahoo Finance. For example, when looking at the "pricing a 64-ounce [container] of orange juice and we try to price it and it's only 59 oz; maybe it's the same price, but for 59 ounces instead of 64 ounces, that'll be computed as a price increase."
sure they would...the bag will weigh less if there are less chips in it.Heineken-Ashi said:htxag09 said:ac04 said:
completely disagree that shrinkflation is accounted for in CPI. i would be interested in any info/data that supported that theory.
https://finance.yahoo.com/news/shrinkflation-amid-food-inflation-is-just-like-a-magic-show-expert-162827304.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAiGnvisrs2tgd2m6ZqPGxcvotWoYmGfmyt6q-4eL5g9vu26kraMiEN-dVaqCgmAezRipUmNhoUBmgc-qMxTPrZjy2cgPKiYoy6Y1vKmNFf282m6BHgbNg-KiiZMRo0VCP3wO8NmNt32j0twHyCjM0v6siscV4-vo6b_iad9YWcTQuote:
In July, the cost of groceries increased 13.1% compared to last year, according to the Bureau of Labor Statistics' (BLS) July Consumer Price Index (CPI). In addition to tracking prices, the BLS also monitors "shrinkflation" when the price of a product stays the same (or rises), but its package size gets smaller.
But according to the BLS, shrinkflation is a type of price increase. "That's something we track and account for," Steve Reed, an economist at the BLS told Yahoo Finance. For example, when looking at the "pricing a 64-ounce [container] of orange juice and we try to price it and it's only 59 oz; maybe it's the same price, but for 59 ounces instead of 64 ounces, that'll be computed as a price increase."
Lays chips. Same bag. Less chips inside. According to your link, BLS wouldn't log that as shrinkflstion. There were dozens of similar things too.
HEB changed the packaging for their cheese slices from a hard shell to a soft peel and stick package. And it has less slices and thinner slices.
HEB thick cut bacon is barely thicker than what used to be their normal bacon, and less slices than before.
BLS probably doesn't know about half of these.
But is the BLS checking the weights? According to the article above, they are merely tracking package size and thus products in the same package with less volume are not being considered as shrinkflation by them.Diggity said:
Pretty common disclaimer back in the day. I'm guessing it's still the case.
"This product is sold by weight and not by volume"
BLS tracks the weight...so if they start giving you less of something, that would be reflected.Heineken-Ashi said:But is the BLS checking the weights? According to the article above, they are merely tracking package size and thus products in the same package with less volume are not being considered as shrinkflation by them.Diggity said:
Pretty common disclaimer back in the day. I'm guessing it's still the case.
"This product is sold by weight and not by volume"
Ok. No that's not what I was saying. Was wondering if BLS tracks it. Thanks.Diggity said:BLS tracks the weight...so if they start giving you less of something, that would be reflected.Heineken-Ashi said:But is the BLS checking the weights? According to the article above, they are merely tracking package size and thus products in the same package with less volume are not being considered as shrinkflation by them.Diggity said:
Pretty common disclaimer back in the day. I'm guessing it's still the case.
"This product is sold by weight and not by volume"
If you're saying the companies are giving you less of something, but using the previous labeling for the weight...that would be fraud.