France obliges retailers to inform consumers when product size has been reduced without corresponding price cuts

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Media Conglomerate: Ringier

France obliges retailers to inform consumers when product size has been reduced without corresponding price cuts

French retailers will have to inform buyers when product sizes have been reduced without a corresponding price reduction, in an effort to fight so-called "shrinkflation", according to the finance ministry, Reuters quoted News.ro as saying. Shrinkflation has become a problem for both consumers and governments, as households have struggled to cope with declining purchasing power in the face of high inflation in recent years. Since July, French tra…