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Daily Mirror
Daily Mirror
Business
Evie Townend

Tesco quietly cuts the size of all its ready meals - but some prices have risen

Tesco has quietly reduced the size of its ready meals - all while upping the price of some products.

It's another example of " shrinkflation " which is where products reduce in size but stay the same price - or get more expensive.

Data from researchers at Assosia show how the size of ready meals across the board have changed at the supermarket.

Tesco has reduced its Sweet Potato Red Thai Curry and Jasmine Rice from 450g to 400g - but the price has risen from £2.75 to £2.80.

Meanwhile its Cottage Pie used to be 800g but is now 750g, with this one retaining the same price of £3.50.

Have you noticed 'shrinkflation' in your local supermarket? Let us know: mirror.money.saving@mirror.co.uk

The examples where first published by trade magazine The Grocer.

Tesco is not alone in being guilty of "shrinkflation’" with other popular brands taking similar measures.

It follows Morrisons, who earlier this year cut its own-brand curry range, knocking 50g off the size of the product while increasing the price by 74p.

Similarly, laundry products such as Fairy, Bold and Lenor have all been cut down in size, according to The Grocer.

Mars cited ‘rising costs of raw materials and operations’ when it controversially shrank the size of a Maltesers sharing bag and Twix multipack, the publication reported.

Tesco is the latest brand to engage with 'shrinkflation' as inflation reaches a 40 year high (Getty Images)

Few outlets have been unaffected, even McDonald’s has increased the price of its products for the first time in 14 years.

The fast food chain’s CEO has confirmed that breakfasts, value meals and McFlurries are all expected to go up in price in the coming weeks.

Greggs has also warned customers that prices will go up this year, calling a rise ‘inescapable’.

These measures will likely continue to occur as inflation, which is at a 40-year-high of 9.4%, carries on growing.

In a bid to cool soaring inflation, the Bank of England has raised interest rates again this afternoon with them confirming its biggest rise in almost 30 years.

The central bank has increased its base rate from 1.25% to 1.75% - a rise of 0.5 percentage points.

This week, the Resolution Foundation think tank warned inflation could hit 15% early next year, in further misery for households.

The theory being raising interest rates, is that households will spend less and this should mean inflation will drop.

Find out more here.

The Mirror has contacted Tesco for a response.

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