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'Shrinkflation': Consumer packaging gets smaller but prices stay the same

'Shrinkflation': Consumer packaging gets smaller but prices stay the same
RISING COSTS ARE EVIDENT EVERYWREHE >> WITH INFLATION AT A 40-YEAR HIGH, AMERICANS ARE FEELING THE PINCH OF HIGHER PRIC.ES REPORTER: BUT SOME PRICE HISKE CAN BE HARDER TO SPOT, DISGUISED OMFR CONSUMERS BY CREATIVE PACKAGING. >> HAVE YOU EVER HRDEA THE TERM, SHRINKFLATION? >> UM, NO. REPORTER: EVERY DAY PRODUCTS, WHERE THE PRICE STS AYTHE SAME, BUT THE PACKAGE GETS SMALLER. >> SHRINKFLATION HAS BEEN GOING ON FOR DECAD.ES REPORTER: CONSUMER ADVOCATE EDGAR DWORSKY SAYS SHRINKFLATION, OR WHAT EDUS TO BE KNOWN AS PROCTDU DOWNSIZING, IS MORE COMMON DURING TIMES OF INFLATN. >> IT REALLY DOES COME IN WAVES AND, UNFORTUNATELY, WE AREN I THE MIDDLE OF A BIG WAVE RIGHT NOW. >> PRICES ARE GOING UP, ANID THINK COMPANIES WANT TO DO THE MOST TO MAKE SURE IT LOOKS LIKE THEY’RE NOT THE ONES RAISING THEIR PRICES. REPORTER: DWORSKY HIGHLIGHTS EXAMPLES OF MANUFACTURERS PUTTING LESS PRODUCT IN A PACKA. >> WE ALWAYS USED TO BUY HALF A GALLON OF ORANGE JUI.CE THEN IT WENT DOWN TO 59 OUNCES. THEN IT WENT DOWN TO 52 OUNCES. REPORTER: FEWER SHEETS IN A ROLL OF PAPER TOWELS, OR MAYBANE OUNCE LESS CEREAL IN A BOX. >> THAT LITTLE ONE OUNCE MULTIPLIED BY TENS OF MILLIONS, IS BIG BUCKS IN THR EIPOCKETND A OUT OF YOUR POCKET. REPOERRT OTHER MANUFACTURERS MAY CHANGE THE SHAPE OF THEIR PACKAGE, LIKE THIS JAR OF PEANUT BUTTER. >> YOU LOOK AT THE BOTTOM. THERE’S NOW AN INDENT ONHE T BOTTOM OF THE SKIPPY JAR TH’T'S, IN ESSENCE, DEAD SPACE. GATORADE COMESN I32-OUNCE BOTTLES. THEY’RE NOW 28-OUESNC LOOK FOR THE ONE THAT KIND OF HAS A WAISTLINE ON IT. THAT’S E THONE THAT’S FOUR OUNCES SHORTER. REPORTER: IT’S RARE, BUSOT METIMES YOU CAN EVEN FIND EXAMPLES OF WNDOSIZING SIDE-BY-SIDE ON THE STORE SHELF, AS WE DID WITH THIS CREST TOOTHPASTE. THE OLDER VERSION HAD 4.1 OUNCES IN THE TUBE. NO W YOU GET 3.8. SAME PRICE, BUT 7% LESS TOOTHPASTE. CREST’S PARENT COMPANY, PROCTOR AND GAMBLE TELLS 12 NEWS IT TAKES A HOLISTIC VIEW OF PRICING BY PRODUCT CATEGORY, ADDING OUR FOCUS IS ON DELIVERING SUPERIOR PRODUCTS WITH THE BEST PERFORMANCE, ULTATIMELY DELIVERING VALUE TO OUR CONSUMERS. THE STBE ADVICE FOR SHOPPERS IS TOHE PRICE PER OUNCE OR PER UNIT OFTEN POSTED IN SMALLER PRINT ON THE STORE SHE. BUT THE UNIT PRICE MAY BE SOMETHING ELSE THAT’S HARDO T FIND. BECAUSE UNLIKE SOME HEROT STATES, WISCONSIN LAW DOESN’T REQUIRE STORES TO POST A UNIT PRIC THOUGH NOT MANDATORY, MANY STORES DO POST UNIT PRICING TO MAKE COMPARISON EASIER, BUT DWORSKY SAYS CONSUMERS WHO DON'T ROUTINELY CHECK THAT MAY NOT BE AWARE WHEN A PRODUCT HAS BEEN DOWNSIZED. >> MANUFACTURERS ARE COUNTING ON CONSUMERS NOT NOTICING. >> IS THIS AN ATTEMPT TO DECVEEI CONSUMERS? >> WELL, IT CERTAINLY IS AIT B OF PACKAGE TRICKERY TO SAY THE LEAST. DOES IT CROSTHE S LINE TO BE ILLEGAL? NO. REPORTER JUST A CLEVERLY DISGUISED HIT TO YOUR HOUSEHOLD BUDGET. SAME PRICE, BUT YOU’RE GETTING LESS FOR YOUR MOY.NE >> THAT’S NOT GREAT. REPORTER: IN MILWAUKEE, I’M KENT WAINOTSCT, WISN 12 NS.EW JOYCE: NINETEEN STATES REQUIRE SOME FORM OF UNIT PRICING. 12 NEWS IS ASKING MEMBERS OF THE ASSEMBLY COMMITTEE ON CONSERUM PROTECONTI WHETHER THEY WOULD CONSID
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'Shrinkflation': Consumer packaging gets smaller but prices stay the same
Inflation is at its highest point in decades, but there may be some hard-to-spot price hikes in the supermarket aisles, disguised from consumers by creative packaging. Consumer advocate Edgar Dworsky said "shrinkflation," another term for product downsizing or manufacturers putting less product in a package for the same price, is more common during times of inflation."It really does come in waves and, unfortunately, we are in the middle of a big wave right now," said Dworsky, founder of ConsumerWorld.org."Prices are going up, and I think companies want to do the most to make sure it looks like they're not the ones raising their prices," Milwaukee shopper Sam Krieg observed.Dworsky highlighted examples of shrinkflation. "We always used to buy half-a-gallon of orange juice. Then it went down to 59 ounces. Then it went down to 52 ounces," he said.Consumers are likely to find fewer sheets in a roll of paper towels, less pet food in a can or maybe an ounce less of cereal in a box."That little 1-ounce multiplied by tens of millions is big bucks in their pocket, and out of your pocket," Dworsky said.He said other manufacturers may change the shape of their package. "There's now an indent on the bottom of the Skippy jar that's, in essence, dead space. Gatorade came in 32-ounce bottles. They're now 28 ounces. Look for the one that kind of has a waistline on it. That's the one that's 4 ounces shorter," Dworsky said.Sister station WISN found an example of downsizing on a Milwaukee store's shelf. The older package for a tube of Crest 3D White toothpaste showed it contained 4.1 ounces, while the newer package listed 3.8 ounces. Selling for the same price, the newer tube contained 7% less toothpaste.Crest's parent company, Procter & Gamble sent a statement to WISN 12 saying in part, "P&G takes a holistic view of pricing by product category... Our focus is on delivering superior products with the best performance, ultimately delivering value to our consumers."The best advice for shoppers may be to check the price per ounce or per unit, which is often posted in smaller print on the store shelf. But even that may be hard to find because not all states require stores to post a unit price. Nineteen states require some form of unit pricing, WISN reports.Dworsky said consumers who don't routinely check unit prices may not be aware when a product has been downsized."Manufacturers are counting on consumers not noticing," he said.But is it an attempt to deceive consumers?"It certainly is a bit of package trickery, to say the least. Does it cross the line to be illegal? No," Dworsky said.It's just a cleverly disguised hit to your household budget.

Inflation is at its highest point in decades, but there may be some hard-to-spot price hikes in the supermarket aisles, disguised from consumers by creative packaging.

Consumer advocate Edgar Dworsky said "shrinkflation," another term for product downsizing or manufacturers putting less product in a package for the same price, is more common during times of inflation.

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"It really does come in waves and, unfortunately, we are in the middle of a big wave right now," said Dworsky, founder of ConsumerWorld.org.

"Prices are going up, and I think companies want to do the most to make sure it looks like they're not the ones raising their prices," Milwaukee shopper Sam Krieg observed.

Dworsky highlighted examples of shrinkflation.

"We always used to buy half-a-gallon of orange juice. Then it went down to 59 ounces. Then it went down to 52 ounces," he said.

Consumers are likely to find fewer sheets in a roll of paper towels, less pet food in a can or maybe an ounce less of cereal in a box.

"That little 1-ounce multiplied by tens of millions is big bucks in their pocket, and out of your pocket," Dworsky said.

He said other manufacturers may change the shape of their package.

"There's now an indent on the bottom of the Skippy jar that's, in essence, dead space. Gatorade came in 32-ounce bottles. They're now 28 ounces. Look for the one that kind of has a waistline on it. That's the one that's 4 ounces shorter," Dworsky said.

Sister station WISN found an example of downsizing on a Milwaukee store's shelf.

The older package for a tube of Crest 3D White toothpaste showed it contained 4.1 ounces, while the newer package listed 3.8 ounces.

Selling for the same price, the newer tube contained 7% less toothpaste.

Crest's parent company, Procter & Gamble sent a statement to WISN 12 saying in part, "P&G takes a holistic view of pricing by product category... Our focus is on delivering superior products with the best performance, ultimately delivering value to our consumers."

The best advice for shoppers may be to check the price per ounce or per unit, which is often posted in smaller print on the store shelf.

But even that may be hard to find because not all states require stores to post a unit price.

Nineteen states require some form of unit pricing, WISN reports.

Dworsky said consumers who don't routinely check unit prices may not be aware when a product has been downsized.

"Manufacturers are counting on consumers not noticing," he said.

But is it an attempt to deceive consumers?

"It certainly is a bit of package trickery, to say the least. Does it cross the line to be illegal? No," Dworsky said.

It's just a cleverly disguised hit to your household budget.