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TOM K: THIS IS CLEARLY SHRINKFLATION AND INFLATION!

Dear readers, ever since the easing of Covid-19 measures, I have found myself returning to office more.

Now, with inflation and costs of living all going up, naturally when it comes to having lunch outside on days when I am back in office, I turn to good and affordable meals and that means to me, the mixed vegetables rice stall in my staff canteen.

Pre-Covid-19 days and before inflation sets in, a mixed vegetable rice dish will cost me $3.50 for one meat and two vegetable dishes.

Now, with inflation, the aforementioned dish now cost me $4.10!

And if that is not all, this dish now comes with much reduced portion of meat, vegetables and rice and I am speaking not from just once-off incident but repeatedly recent patronising of the stall. Worst, even the quality of the dish is gone!

This to me is clearly not just inflation: increase of price but also shrinkflation: reduced portion, though rightfully shrinkflation means reduced portion of a good while still being priced at no change in retail price.

I feel myself getting slimer than before, wonder whether it is because I am not eating enough outside due to reduced portions of food and also shying away from food which has had their prices increased significantly?

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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