cheapflation
The practice of decreasing the main ingredient of a product or replacing it altogether…The practice of decreasing the main ingredient of a product or replacing it altogether with a less costly one but continuing to market it at the same price and size.
/tʃiːpˈflej.ʃən/
Meaning
2 senses(informal, neologism, uncountable)The practice of decreasing the main ingredient of a product or replacing it altogether with a less costly one but continuing to market it at the same price and size.
(neologism, uncountable)An experience of inflation in which the prices of low-cost goods increase faster than those of higher priced goods in the same category.
Origin
Blend of cheap + inflation. Coined in 2021.Blend of cheap + inflation. Coined in 2021.
Wiktionary, CC BY-SA 4.0 · source
Word family
3 related wordsLessons for this word
1 lessons- A1Countable and uncountable nouns — Because it can be uncountable