HPH AGM 2024

SHRINKFLATION: WHY I AM SUFFERING FROM IT?

Dear readers, I am suffering from Shrinkflation.

I am not sure whether you have heard about this term, Shrinkflation though you would definitely heard about inflation: since costs of living and inflation are getting higher here in Singapore.

Shrinkflation is actually linked to Inflation.

And Inflation? Definitely, I am suffering from the effects of it, having to pay higher prices for almost everything these days.

And when I am not paying higher prices for the things that I consume, it is where Shrinkflation comes, silently.

Just look, I had a plate of Kway Chap yesterday at my office’s coffee house.

I was impressed that the price of the Kway Chap remains the same despite inflation and higher cost of living.

But when I saw the preparation work: I was left unimpressed: the stall assistant gave much fewer portions of the meat for my order.

There you go: Shrinkflation, paying the same price for the same item, but the portion becomes reduced and I definitely ended up hungrier these days!

That’s it for my insights today.  I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!


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