Tips to avoid ‘shrinkflation’ as Congress takes action [Video]

CHARLOTTE, N.C. — The federal government is pushing to make “shrinkflation” illegal in the U.S. as American consumers deal with the ongoing impacts of inflation on the economy. 

Shrinkflation is the covert way companies raise prices by slightly reducing the size of their products. For example, a $2.99 box of pasta that used to contain 16 ounces may only have 14 ounces. There’s suddenly less toothpaste in the tube or fewer potato chips in the same bag that you’re paying the same price. 

The Federal Trade Commission and Congress are trying to making this practice illegal, giving individual states the power to bring legal action against companies that continue to use shrinkflation. 

WCNC Charlotte is always asking “where’s the money?” If you need help, reach out to WCNC Charlotte by emailing [email protected]. 

The Shrinkflation Prevention Act would …