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Essentially, shrinkflation is a form of hidden inflation. Instead of increasing the price of a product, something that would be immediately evident to consumers, producers reduce the size of the product while maintaining the same price.

Answer: There is no official term for the opposite of shrinkflation. But theoretically speaking, the opposite of this practice would be when companies increase the size or quantity of a product without making any price changes.

While skimpflation is when the quality of something decreases, ?shrinkflation? is when the volume or size of a product shrinks. This can take place without consumers even realising, as they are less likely to weigh a product and notice the difference compared to a price hike.

Skimpflation is defined as businesses "skimping" on the quality of a product or service. Businesses skimp by spending less on services or materials to remain profitable.

Shrinkflation is a term made up of two separate words: shrink and inflation. The "shrink" in shrinkflation relates to the change in product size, while the "-flation" part refers to inflation?the rise in the price level.

Shrinkflation refers to the practice of decreasing a product's size or quantity while its price remains the same. As a result, the price per unit of weight or volume increases, effectively raising the product's price for consumers.

In economics, shrinkflation is the practice of reducing the size or quantity of a product while the price of the product remains the same or slightly increases. In some cases, the term may indicate lowering the quality of a product or its ingredients while the price remains the same.

Shrinkflation is also referred to as package downsizing in business and academic research. A less common usage of this term may refer to a macroeconomic situation where the economy is contracting while also experiencing a rising price level.