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Food inflation kept hidden in tinier bags

Published:

Chips are disappearing from bags, candy from boxes and vegetables from cans.

As an expected increase in the cost of raw materials looms for late summer, consumers are beginning to encounter shrinking food packages.

With unemployment still high, companies in recent months have tried to camouflage price increases by selling their products in tiny and tinier packages. So far, the changes are most visible at the grocery store, where shoppers are paying the same amount, but getting less.

http://www.msnbc.msn.com/id/42317990/ns/business-us_business/

(They've done the same to the purchasing power of your dollars.)

Entry #516

Comments

1.
sully16Comment by sully16 - March 31, 2011, 10:36 pm
absolutely. we usually do our price changes on saturday night, twice this year we changed prices higher on a thursday, mostly on fresh produce.

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