skimpflation

English

Etymology

Blend of skimp + inflation

Noun

skimpflation (uncountable)

  1. (economics, informal, neologism) The practice of reducing the quality of products while continuing to market them at the same price.
    Synonym: quality fade
    • 2021 October 26, Greg Rosalsky, “Meet skimpflation: A reason inflation is worse than the government says it is”, in Planet Money:
    • 2022 March 17, Sally French, “One of the most basic hotel amenities is disappearing”, in Honolulu Star-Advertiser:
      Some economists have pegged a new word to this phenomenon where, rather than raise prices, companies cut services previously provided: skimpflation. Skimpflation could mean reduced staff, thus longer lines or phone hold times.
    • 2022 April 30, “Netflix et al.: the great cancellation”, in The Week, Bath, page 41:
    • 2022 September 2, Nicholas Dawson, quoting David Beard, “Blow for Sainsbury's Bank customers with huge Nectar points change - 'really unfair!'”, in Express:
    • 2022 November 2, Leslie Gaydos, quoting Edgar Dworsky, “Skimpflation: Brands May Be Changing Their Recipes to Cut Costs – But It's Hard to Tell”, in NBC Boston:
    • 2022 November 9, “How Skimpflation May Be Affecting Your Diet”, in Henry Ford Health:
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