Snack and Drink Portions Being Reduced Due to Rising Inflation

By kundl (Comida Chatarra Uploaded by JohnnyMrNinja) [CC BY 2.0 (http://creativecommons.org/licenses/by/2.0)], via Wikimedia Commons

Food prices been on the rise across the United States, forcing many food and beverage companies to reduce the content size for their products, as part of a concept called “shrinkflation.”

The United States is currently facing its worst inflation rates since 1982, with confirmed cases of product shrinkage at grocery stores becoming common nationwide.

Last week’s report from the Bureau of Labor Statistics showed prices increasing 7.9 percent in the last 12 months, with an increase of 0.8 percent in February alone since the start of the Russia-Ukraine war.

Rising food prices account for much of the inflation, with grocery prices rising 8.6 percent from levels seen in 2021.