shadow inflation
[ shad-oh in-fley-shuhn ]
/ ˈʃæd oʊ ɪnˈfleɪ ʃən /
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noun Economics Informal.
the phenomenon of decreasing quantity or diminishing quality of goods and services compared to a comparable purchase that previously had more value at the same price point: Does your favorite restaurant suddenly have smaller portions, cheaper ingredients, or fewer servers, for the same old price? Blame the economy for this shadow inflation.
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Origin of shadow inflation
First recorded in 1975–80
Words nearby shadow inflation
shadow dance, shadow docket, shadowed, shadowgraph, shadow history, shadow inflation, shadowing, shadowland, shadow mask, shadow of one's self, shadow pin
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023