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Scoop.it!
School caterers will have to shrink portions or use cheaper ingredients, a major food wholesaler warns. 
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Scoop.it!
As labor shortages and supply chain problems bite, consumers have a growing sense they’re getting less for their money
Graham Watson's insight:
I like being introduced to new concepts - in this case, this article looks at the notion of 'skimpflation', where service sector suppliers are less concerned with standards of service. The example given is the airline industry, with last weekend seeing a large number of flights cancelled or delayed across the US, and airlines seemingly prepared to accept this as a result of labour shortages and supply chain problems.
Thus, going forward, will skimpflation be to services what shrinkflation is to manufacturing?
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A regular feature of rising prices is shrinkflation; in this instance it's going to affect the provision of free school meals, where portion sizes are likely to shrink or product quality fall. And guess who's going to bear most of the burden?