INDIANAPOLIS (WISH) — If you've noticed your snacks are getting smaller, you're not alone. Now a familiar monster is expressing frustration about “deflationary inflation.”
Cookie Monster took to social media this week saying he's tired of snacks getting smaller. The famous blue monster shared in a post on X, “I hate shrinking! My cookies are getting smaller!”
Cookie Monster says his solution is to eat twice the cookies.
The monster is not wrong. according to December report From U.S. Senator Bob Casey (D-Pa.), Goods ranging from foods to cleaning products are shrinking.
“Household paper products, such as toilet paper and paper towels, are 34.9% more expensive per unit than they were in January 2019. Of this total cost increase, 10.3% is due to producers reducing the size of rolls and packages,” the report states. He says.
Numbers from US Bureau of Labor Statistics It asserts that American shoppers pay more and get less.
“As input costs increase and product creation costs rise, companies can increase the list price of an item or they can offer a smaller quantity of the product for the same price. So, the size of a candy bar might change from 1.6 ounces to 1.5 ounces, yet the price stays the same. In other words, The unit price paid by the consumer increases as the quantity of purchase decreases, while the price he pays on the register remains the same.
CNN found OREO Double Stuff Chocolate Sandwich Cookies saw a 6% volume decrease by weight from January 2019 to October 2023.
The Bureau of Labor Statistics says snack foods saw the largest number of changes in food item size, with a total of 509, followed by candy rolls, coffee cake, muffins, tea and waffles, waffles, and twists. For food items, 2.9% of observed prices witnessed a reduction or increase.
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