Dear Editor:
I am a student in Grade 7 at John Black Public School in Fergus and I would like to address inflation and shrinkflation.
I was trick-or-treating this past year. I literally had a bag of chips with four chips in it. This, I hear, is shrinkflation. The companies must think we don’t notice, but I do. Have you noticed that at stores the amount of product is going down and the prices are going up?
I think that the amount of inflation on everyday items keep going up and up every day. Inflation is one of the reasons that people can’t afford to buy their kids or just themselves meals in general.
Businesses that have set prices by contract can be affected if the prices are raised faster than they expected.
I’ve also been noticing things like ranch salad dressing bottles with less dressing and an increased price. I think that companies and stores need to realize the down side of all of this.
I was recently at an ice cream place in town and my friend and I bought three items and the price came to $21. This is quite unaffordable.
I noticed that Walmart has doubled in value over the past two years, so I don’t think they are struggling, but everyday people are.
Jane Brunkard,
Fergus