Shrinking products, rising prices: Food-specific quantity adjustments in the Consumer Price Index

Stats in brief: 11-627-M2025016
Description: This infographic looks at the frequency of "shrinkflation" occurring in the Consumer Price Index (CPI), specifically in the food component between 2021 and 2023. "Shrinkflation" refers to the practice of selling a smaller quantity of a product at the same price as the larger size previously offered. Any change in the quality or quantity of a product or service is taken into account in the calculation of the CPI.
Issue Number: 2025016
Frequency: Occasional
Author(s): Fradella, Allyson; McGuinness, Julie
Main Product: Statistics Canada - Infographics
Format Release date More information
HTML February 18, 2025
PDF February 18, 2025

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