Did “Skimpflation” invade your Thanksgiving dinner?

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Does you favorite food seem to be in smaller proportions than usual? If so, you might want to see if you are being faced with “skimpflation”?

Questions

  1. What is a basic definition of skimpflation?
  2. Why is it considered to be a side effect of inflation?
  3. What factors make it hard to detect?

Source:

George, M. (2023). “Skimpflation” may be slipping by grocery shoppers. Here’s how to spot it. Nov. 27 (Retrievable online at https://www.msn.com/en-us/foodanddrink/foodnews/skimpflation-may-be-slipping-by-grocery-shoppers-heres-how-to-spot-it/ar-AA1kBhsJ).