A generic image showing household shopping items, Sydney, Monday, April 25, 2016 . (AAP Image/Sam Mooy) NO ARCHIVING Credit: AAP Credit: AAP
Supermarkets have been put on notice over a practice known as 'shrinkflation', which is a practice that is rife in the industry and is when a product is downsized but the price remains the same or even increases. To combat the tactic - the government is now seeking to strengthen unit pricing codes, making price and volume labels more readable, prominent and comparable, and introduce new penalties for those supermarkets - doing the wrong thing.
Supermarkets have been put on notice over a practice known as 'shrinkflation', which is a practice that is rife in the industry and is when a product is downsized but the price remains the same or even increases. To combat the tactic - the government is now seeking to strengthen unit pricing codes, making price and volume labels more readable, prominent and comparable, and introduce new penalties for those supermarkets - doing the wrong thing.
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