Biden calls on snack companies to stop shrinkflation ahead of Super Bowl ...Middle East

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Biden calls on snack companies to stop shrinkflation ahead of Super Bowl
By Eva Rothenberg, CNN New York (CNN) — Joe Biden doesn’t want corporate greed to eat into your Super Bowl snack spread. In a video posted Sunday to X, formerly known as Twitter, the president called on companies to put a stop to “shrinkflation.” “When buying snacks for the game, you might have noticed one thing: Sports drink bottles are smaller, a bag of chips has fewer chips, but they’re still charging you just as much,” he said. Shrinkflation is a widespread practice where businesses offer less product without reducing the price accordingly. It’s a common cost-saving tactic during periods of inflationary pressure. While inflation has slowed down to a three-year low, prices are st

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