the reduction in size or quantity of a product, or sometimes even the reformulation or decrease in quality of a product

Shrinkflation is the reduction in size or quantity of a product, or sometimes even the reformulation or decrease in quality of a product, while the selling price remains the same, or sometimes even increases.

a rise in the general price level of goods per unit of weight or volume

Shrinkflation is a rise in the general price level of goods per unit of weight or volume, brought about by a reduction in the weight or size of the item sold.

the process of items shrinking in size or quantity while their prices remain the same

In economics, shrinkflation is the process of items shrinking in size or quantity while their prices remain the same.

by a reduction in the weight or of the item sold size

Shrinkflation is a rise in the general price level of goods per unit of weight or volume, brought about by a reduction in the weight or size of the item sold.

practice of reducing the size of a product while maintaining a product's sticker price

Shrinkflation is the practice of reducing the size of a product while maintaining a product's sticker price.

A stealth form of inflation

A stealth form of inflation is “shrinkflation.”

This phenomenon, where businesses maintain pricing while reducing the quantity or size of their products,

This phenomenon, where businesses maintain pricing while reducing the quantity or size of their products, is known as shrinkflation.

inflation's devious cousin

Shrinkflation is 'inflation's devious cousin,' to cite NPR's Planet Money.