Shrinkflation: Government Plans to Present Measures This Year

A corresponding resolution proposal by ÖVP, SPÖ, and NEOS was cross-party supported in the Consumer Protection Committee of the National Council, reported the parliamentary correspondence on Tuesday.

What is "Shrinkflation"?

However, a motion by the FPÖ, which also called for measures to "stop shrinkflation," was rejected by ÖVP, SPÖ, and NEOS. The so-called "shrinkflation," where the package sizes of products shrink while the price remains the same or even increases, has been causing discussions for years. At the beginning of the year, for example, the American food company Mondelēz International reduced the filling quantity of some Milka chocolate bars from 100 to 90 grams.

"Austria Surcharge"

According to parliamentary correspondence, measures against significant price differences of identical products in Austria and in the EU abroad - the so-called "Austria surcharge" - were also cross-party supported. According to government information, the further development of the legal framework is planned. A practical revision of the provisions in the Price Indication Act will be carried out, for example, by introducing uniform reference sizes and clear guidelines for displaying base prices.

(APA/Red)

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