How American's favorite snacks got smaller and MORE expensive
Some of America's favorite snacks have shrunk by up to 20 percent in the last 25 years as companies try to cut their costs amid rising inflation, a move dubbed 'shrinkflation'.
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Some of America's favorite snacks have shrunk by up to 20 percent in the last 25 years as companies try to cut their costs amid rising inflation, a move dubbed 'shrinkflation'.
Inflation may be putting a serious crimp on the spending habits of many Americans, but the chief financial officer (CFO) of Purchase-headquartered PepsiCo (NASDAQ:PEP) has yet to see consumers foregoing his company’s snack foods.
"Something that did not happen" for a hundred, Alex.
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