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Labor targets supermarket ‘shrinkflation’

Tom McIlroy
Tom McIlroyCanberra Bureau Chief

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A hidden form of inflation for supermarket shoppers will come under renewed scrutiny, as the federal government looks to strengthen unit pricing rules for everyday products.

So-called “shrinkflation” – where manufacturers reduce the size of their products but maintain or even increase their price – will be targeted through changes to consumer rules and the introduction of new fines.

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Tom McIlroy is the Financial Review’s Canberra Bureau Chief based in the press gallery at Parliament House. He was previously the AFR’s political correspondent. Connect with Tom on Twitter. Email Tom at thomas.mcilroy@afr.com

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    Original URL: https://www.afr.com/politics/federal/labor-targets-supermarket-shrinkflation-20241002-p5kfdb