Economics

Shrinkflation Hits India’s Snacks as Firms Struggle With Costs

  • Companies selling lighter packets at low ‘sacred’ price points
  • Rising input costs for fuel, grains and oils squeeze producers
Haldiram’s aloo bhujia.Photographer: Ramsey Al-Rikabi/Bloomberg
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As India’s inflation surges, the cheap single-serving packets of staples like soap and cookies aren’t budging in price -- they’re just getting lighter.