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