SHRINKFLATION

PRONUNCIATION: (shringk-FLAY-shuhn)

MEANING: noun: The practice of reducing the size of products while selling at the same price.

ETYMOLOGY: A blend of shrink + inflation. Earliest documented use: 2013.
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SHRINKFLATIRON - a smaller gadget to press your clothes with

SHRIEKFLATION - when you exclaim with horror upon seeing the latest CPI