On: Shrinkflation Tracker

[ClumsyPilot]

So is shrinkflation actually included in official inflation numbers? If all bars of soap in the country become smaller by 10%, does 'official' inflation number go up? Are the folks tracking official inflation index equipped to measure all the various products per kilo, etc?

[hankchinaski → ClumsyPilot]

in the uk we measure the price of a basket of goods, which includes quantity adjustment. So packaging size is irrelevant. https://www.ons.gov.uk/economy/inflationandpriceindices/meth...

>The simplest form of direct adjustment is quantity adjustment, which is used when there is a permanent size change in an item.

[vuln → ClumsyPilot]

“Inflation? There’s no inflation, we’ve created millions of jobs and pay has increased!” - Current Administration

[vuln → vuln]

The truth hurts more than the downvotes.