Saturday, July 23, 2022

'Shrinkflation' is here: Consumers are paying more for food even as restaurants are shrinking portions

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NBC News
Jul 23, 2022
'Shrinkflation' is here: Consumers are paying more for food even as restaurants are shrinking portions

Higher food prices means consumers have to make tough choices about how to spend their money. Restaurants are doing the same, by shrinking the portion sizes on some menu items, according to new data compiled by the reviews website Yelp — a phenomenon economists call "shrinkflation."

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