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Cryptopolitan 2024-05-04 17:05:57

South Korea’s economy battles shrinkflation

South Korea is on the warpath against an underhanded economic tactic known as shrinkflation, where companies sneakily reduce product sizes while prices stay high. In a bold move, the government now mandates that manufacturers must alert consumers about any reductions in product sizes or quantities of everyday essentials, or else face hefty fines. Heightened Oversight

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