The phenomenon of ''shrinkflation'' is discussed, where products decrease in size but maintain their price, essentially reducing the value consumers receive. Factors such as the covid19 pandemic, global conflicts, and rising costs contribute to this trend. While shrinkflation is legal, many find it deceptive. Supermarkets display unit prices to aid consumers, but some advocate for stricter regulations. The video highlights examples like chocolate bars and cereals experiencing shrinkflation.
Vocabulary:
• Zapped: To be hit or affected suddenly and strongly, often with an electric shock or a burst of energy.
• To shrink: To become smaller in size or amount.
• Reckon: To think or believe something, often based on one's own judgment or opinion.
• Tighter: more strict.
• Loophole: A way of avoiding a rule or restriction.
Source: Behind the News YouTube channel.