From bread for toast to chocolate bars, companies are hiding rising costs due to inflationary pressures by downsizing many everyday products. For companies it is a way to maintain high operating profit margins, for consumers a constant cause for concern and for statistical agencies a real headache. The reason for the phenomenon of shrinkflation, i.e. …
Tag: products
The Microeconomic Changes Due to The Pandemic And the Adaptation of the Macroeconomic Environment to them
The spread of the Coronavirus pandemic and the ways to deal with it (lockdown, social exclusion & isolation) are causing tectonic changes in the size of GDP shrinkage and in total economic activity. In recent years, the exogenous factors that determine the levels of demand for services and products in many sectors of the economy …