South Korea S Economy Slowed Sharply In Second Quarter Wsj South korea is on the warpath against an underhanded economic tactic known as shrinkflation, where companies sneakily reduce product sizes while prices stay high. in a bold move, the government now mandates that manufacturers must alert consumers about any reductions in product sizes or quantities of everyday essentials, or else face hefty fines. South korea has announced a crackdown on “shrinkflation”, saying producers of food and daily necessities must inform shoppers of any reduction to their product sizes or face fines.
South Korea S Inflation Accelerated In September Wsj To slyly raise prices without alerting customers, manufacturers have been shrinking the size of their products amid south korea’s skyrocketing food inflation – but regulators have caught wind. The government will make it mandatory for businesses to notify customers of any reduction in product sizes amid rising complaints against “shrinkflation,” said the ministry of economy and finance on wednesday. This country will police ‘shrinkflation’ at the supermarket south korea will soon require companies that slim down products to show the old and new sizes on packaging by timothy w. martin and. South korea’s fair trade commission (ftc) has announced a new measure to combat ‘shrinkflation’—the practice of reducing the size of products while maintaining the same price. from august onwards, food manufacturers and household product suppliers in south korea will face fines up to 10 million won ($7,300) if they fail to notify consumers about any […].
South Korea S Inflation Eases To 19 Month Low Wsj This country will police ‘shrinkflation’ at the supermarket south korea will soon require companies that slim down products to show the old and new sizes on packaging by timothy w. martin and. South korea’s fair trade commission (ftc) has announced a new measure to combat ‘shrinkflation’—the practice of reducing the size of products while maintaining the same price. from august onwards, food manufacturers and household product suppliers in south korea will face fines up to 10 million won ($7,300) if they fail to notify consumers about any […]. South korea's fair trade commission said it has designated the practice of some businesses to cut product portions while keeping the price the same, or so called shrinkflation, as an unfair transaction subject to penalties. South korea’s economy contracted in the first quarter, underscoring the fragile state of business activity even before exporters absorbed the full force of donald trump’s punitive import.
South Korea Posts Biggest Economic Decline Since 2008 South korea's fair trade commission said it has designated the practice of some businesses to cut product portions while keeping the price the same, or so called shrinkflation, as an unfair transaction subject to penalties. South korea’s economy contracted in the first quarter, underscoring the fragile state of business activity even before exporters absorbed the full force of donald trump’s punitive import.
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