Tag: shrinkflation

shrinkflation

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Fried chicken weighs up to 30.5% less than listed, consumer group finds

A consumer group found that cooked chicken from major franchises can fall well below listed precook weights, renewing calls for clearer labels.

2026.10.6

The picture shows a Kyochon store in Seoul on April 3, 2023. [NEWS1]

Labeling rule introduced for fried chicken franchises amid 'shrinkflation' concerns

The government unveiled Tuesday measures to prevent "shrinkflation" practices of fried chicken franchises and other processed food manufacturers, officials said. The measures came after fried chicken brand Kyochon 1991 was accused of shrinkflation.

2025.12.2

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A Kyochon Chicken store in central Seoul in 2023 [NEWS1]

Korea's fried chicken chains reduce portions amid rising costs

Korean fried chicken chains are reducing portions amid rising costs, without changing prices.

2025.9.13

Cheese are displayed at a supermarket in Seoul on Wednesday. Cheese was among the 19 products studied by Korea Consumer Agency that reduced the quantity or size of a product without price adjustments. [NEWS1]

Government mandates to counteract growing 'shrinkflation'

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.

2023.12.13

A shopper browses products at a supermarket in Seoul on Nov. 19. [YONHAP]

Finance Ministry plans to make 'shrinkflation' signs on products mandatory

The government aims to make it mandatory for companies to put "shrinkflation" warning signs on their products if they reduce packet contents without a price fall to match, the Finance Ministry said Wednesday.

2023.12.13

A driver refuels his car at a gas station in Seoul on Sunday. Finance Minister Choo Kyung-ho said on Tuesday that the tax cut on fuel consumption, which expires this month, will be extended for another two months. [YONHAP]

Fuel tax cut extended as uncertainties in Middle East continue

The government will extend the tax cut on fuel consumption for another two months amid uncertainties surrounding the war in the Middle East, according to the Finance Ministry on Tuesday.

2023.12.12

A customer browses products inside a grocery store in downtown Seoul on Tuesday. [NEWS1]

Gov't to look into corporate 'shrinkflation' practices amid consumer outcry

The government will investigate cases where companies reduced product quantities while keeping prices unchanged, without informing consumers, in response to mounting public complaints, particularly amid concerns over high inflation.

2023.11.17

Consumers shop at a large mart in downtown Seoul on Nov. 7. [YONHAP]

Gov't intervenes as 'shrinkflation' leaves sour taste for Korean consumers

The government is clamping down on the prevalent business tactic called "shrinkflation" where companies reduce the size of a product while maintaining its sticker price.

2023.11.14