"skimpflation" meaning in English

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      "expansion": "Blend of skimp + inflation",
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  "etymology_text": "Blend of skimp + inflation.",
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
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      "examples": [
        {
          "ref": "2021 October 26, Greg Rosalsky, “Meet skimpflation: A reason inflation is worse than the government says it is”, in Planet Money:",
          "text": "We propose a new word to describe this stealth-ninja kind of inflation: skimpflation. It's when, instead of simply raising prices, companies skimp on the goods and services they provide.",
          "type": "quote"
        },
        {
          "ref": "2022 March 17, Sally French, “One of the most basic hotel amenities is disappearing”, in Honolulu Star-Advertiser:",
          "text": "Some economists have pegged a new word to this phenomenon where, rather than raise prices, companies cut services previously provided: skimpflation. Skimpflation could mean reduced staff, thus longer lines or phone hold times.",
          "type": "quote"
        },
        {
          "ref": "2022 April 30, “Netflix et al.: the great cancellation”, in The Week, Bath, page 41:",
          "text": "Companies face an appalling dilemma, said Laith Al-Khalaf in The Sunday Times – pass on increased costs to consumers “and risk losing them to rivals”, or “absorb the hit”. No wonder many are opting for a third path: “skimpflation”. The trick is to erode “the quality of their goods” – say, by “menu engineering” to focus on cheaper foods – in the hope that “hoodwinked” consumers either don't notice or don't care.",
          "type": "quote"
        },
        {
          "ref": "2022 September 2, Nicholas Dawson, quoting David Beard, “Blow for Sainsbury's Bank customers with huge Nectar points change - 'really unfair!'”, in Express:",
          "text": "Sadly it's a sign of the times, and consumers will have to get used to this practice of skimpflation, where brands reduce the value of their services to remain profitable.",
          "type": "quote"
        },
        {
          "ref": "[2022 November 2, Leslie Gaydos, quoting Edgar Dworsky, “Skimpflation: Brands May Be Changing Their Recipes to Cut Costs – But It's Hard to Tell”, in NBC Boston:",
          "text": "\"This is now called Skimpflation, which means a manufacturer has reformulated one of its products, usually with cheaper ingredients,\" says Dworsky, a former Massachusetts Assistant Attorney General in consumer protection.",
          "type": "quote"
        },
        {
          "ref": "2022 November 9, “How Skimpflation May Be Affecting Your Diet”, in Henry Ford Health:",
          "text": "How To Be A Savvy Shopper Amidst Skimpflation […] And while it might require a little more time and energy in the aisles, there are ways to prevent your diet from suffering amidst inflation.",
          "type": "quote"
        }
      ],
      "glosses": [
        "The practice of reducing the quality of products while continuing to market them at the same price."
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          "market",
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          "price",
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      "raw_glosses": [
        "(economics, informal, neologism) The practice of reducing the quality of products while continuing to market them at the same price."
      ],
      "related": [
        {
          "word": "shrinkflation"
        }
      ],
      "synonyms": [
        {
          "word": "quality fade"
        }
      ],
      "tags": [
        "informal",
        "neologism",
        "uncountable"
      ],
      "topics": [
        "economics",
        "sciences"
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    }
  ],
  "word": "skimpflation"
}

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      "expansion": "Blend of skimp + inflation",
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  ],
  "etymology_text": "Blend of skimp + inflation.",
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  "lang_code": "en",
  "pos": "noun",
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          "ref": "2021 October 26, Greg Rosalsky, “Meet skimpflation: A reason inflation is worse than the government says it is”, in Planet Money:",
          "text": "We propose a new word to describe this stealth-ninja kind of inflation: skimpflation. It's when, instead of simply raising prices, companies skimp on the goods and services they provide.",
          "type": "quote"
        },
        {
          "ref": "2022 March 17, Sally French, “One of the most basic hotel amenities is disappearing”, in Honolulu Star-Advertiser:",
          "text": "Some economists have pegged a new word to this phenomenon where, rather than raise prices, companies cut services previously provided: skimpflation. Skimpflation could mean reduced staff, thus longer lines or phone hold times.",
          "type": "quote"
        },
        {
          "ref": "2022 April 30, “Netflix et al.: the great cancellation”, in The Week, Bath, page 41:",
          "text": "Companies face an appalling dilemma, said Laith Al-Khalaf in The Sunday Times – pass on increased costs to consumers “and risk losing them to rivals”, or “absorb the hit”. No wonder many are opting for a third path: “skimpflation”. The trick is to erode “the quality of their goods” – say, by “menu engineering” to focus on cheaper foods – in the hope that “hoodwinked” consumers either don't notice or don't care.",
          "type": "quote"
        },
        {
          "ref": "2022 September 2, Nicholas Dawson, quoting David Beard, “Blow for Sainsbury's Bank customers with huge Nectar points change - 'really unfair!'”, in Express:",
          "text": "Sadly it's a sign of the times, and consumers will have to get used to this practice of skimpflation, where brands reduce the value of their services to remain profitable.",
          "type": "quote"
        },
        {
          "ref": "[2022 November 2, Leslie Gaydos, quoting Edgar Dworsky, “Skimpflation: Brands May Be Changing Their Recipes to Cut Costs – But It's Hard to Tell”, in NBC Boston:",
          "text": "\"This is now called Skimpflation, which means a manufacturer has reformulated one of its products, usually with cheaper ingredients,\" says Dworsky, a former Massachusetts Assistant Attorney General in consumer protection.",
          "type": "quote"
        },
        {
          "ref": "2022 November 9, “How Skimpflation May Be Affecting Your Diet”, in Henry Ford Health:",
          "text": "How To Be A Savvy Shopper Amidst Skimpflation […] And while it might require a little more time and energy in the aisles, there are ways to prevent your diet from suffering amidst inflation.",
          "type": "quote"
        }
      ],
      "glosses": [
        "The practice of reducing the quality of products while continuing to market them at the same price."
      ],
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          "quality",
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        ],
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          "price"
        ]
      ],
      "raw_glosses": [
        "(economics, informal, neologism) The practice of reducing the quality of products while continuing to market them at the same price."
      ],
      "synonyms": [
        {
          "word": "quality fade"
        }
      ],
      "tags": [
        "informal",
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        "uncountable"
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      "topics": [
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  "word": "skimpflation"
}