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Tesco is reducing the size of ready meals but keeping prices the same

tesco has reduced the size of some of its ready meals but kept prices the same, new research has found.

Analysis conducted by the journal The grocer noticed, that tesco maintained the price of the reduced products or even slightly increased them.

For example, the Sweet Potato Red Thai Curry & Jasmine Rice has been reduced from 450g to 400g but has actually gone up in price from £2.75 to £2.80.

Meanwhile, the cottage pie used to be 800g but is now 750g, although this one retains the same price of £3.50.

tesco has taken a similar step to Morrisons earlier this year when they reduced the size of their own-brand curries by 50g but increased the price by 74p.

The Argus: Many supermarkets have reduced the size of products as part ofMany supermarkets have reduced the size of products as part of “shrinkflation” (PA).

The subway has reported that the prices of some items have risen in all major supermarkets, including Sainsbury’s Chicken Korma Meal and Asda’s Paella.

A number of popular brands have taken similar steps in recent weeks, a phenomenon dubbed “shrinkflation” as companies seek to protect their profit margins in the face of rising costs.

The grocer Previously revealed lingerie products Fairy, Bold and Lenor have all been downsized.

These measures are likely to continue if inflation continues to rise.

In addition, the Bank of England is expected to announce its biggest interest rate hike in almost 30 years on Thursday afternoon (4 August) as the UK faces rising inflation.

Your Money Matters is a campaign launched by us and our sister titles on Newsquest to help you overcome the rise in the cost of living. This year has seen a slew of household price hikes – from raising the energy price cap to soaring inflation and food prices – that have cost your family hundreds or even thousands of extra pounds a year. We make it our mission to look after your money by offering money-saving offers, contests, giveaways and insightful stories from your community about how this cost of living crisis is impacting our readers. The global energy crisis exacerbated by the invasion of Ukraine, the financial impact of the Covid pandemic, record high inflation and a rise in the cost of goods, fuel and travel mean we will all feel the effects of the crisis. With our newspaper we want to do everything in our power to make your money better known because we know that your money is important.

https://www.theargus.co.uk/news/national/uk-today/20600063.tesco-reduces-size-ready-meals-keeps-prices/?ref=rss Tesco is reducing the size of ready meals but keeping prices the same

Fry Electronics Team

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