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slang.fyi

shrinkflation

/ˈʃrɪŋkˌfleɪʃən/

Very Common

When a product gets smaller or lighter but the price stays the same or goes up.

The sneakiness is the whole point. Companies prefer shrinkflation to visible price hikes because consumers notice a price change but not a smaller package. People online use it specifically to call out that deception.

Real-world examples4 examples
#ExampleWhat it meansSource
01family size chips bag now has 2 oz less and the same price, classic shrinkflationA product reduced its quantity while keeping the same pricing and positioning.tiktok, 2023
02ice cream containers used to be half gallon, now they're 1.5 quarts and they think we won't notice, shrinkflationStandard container sizes have been reduced so quietly it took years for most people to notice.reddit, 2023
03shrinkflation is honestly worse than a price hike because they're betting you won't noticeThe deceptive nature of shrinkflation is what makes it feel more offensive.x, 2024
04bought the same granola bars i always get and they're noticeably smaller, shrinkflation got meA familiar product shrank between purchases.instagram, 2024

Use it when

  • A product is physically smaller than before at the same price.
  • A company reduces quantity while the package looks the same.
  • Pointing out a company disguising a price increase through size reduction.

Do not use it when

  • The price itself went up with no size change.Use “price-gouging” instead.
  • The product was reformulated but the size stayed the same.

Shrinkflation vs greedflation

shrinkflation

Shrinkflation is about the product getting smaller, not the price going up.

VS

greedflation

Greedflation is about prices going up driven by corporate profit-seeking.

Origin and context

Portmanteau of 'shrink' and 'inflation.' The term was coined by economist Pippa Malmgren around 2009 and gained widespread internet use during the 2021-2024 inflation period when consumer goods visibly shrank in quantity.

First seen
2009
Confidence
medium

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Use this stable URL to reference the entry.

https://slang.fyi/shrinkflation
Updated: 2026-08-28License: CC BY 4.0

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