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"Biden Takes on 'Shrinkflation' in SOTU Speech, Snickers Denies Accusations"

Originally Published 1 year ago — by New York Post

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Source: New York Post

President Biden accused Snickers of being 10% smaller while maintaining the same price, citing it as an example of "shrinkflation" during his State of the Union address. However, Mars, the candy bar's manufacturer, denied the claim, stating that they have not reduced the size of Snickers in the US. The company attributed high inflation and material costs to the challenges they face but emphasized their efforts to provide affordable treats. This incident reflects a broader trend of "shrinkflation" across consumer goods, with Oreo also facing similar accusations.