For decades, the standard package of bacon in a grocery store was one pound, or 16 ounces. Today, you are much more likely to see a package that is only 12. This is a classic example of “shrinkflation,” where the company gives you less product for the same price. This change is not a random decision. It is a direct response to several significant factors in the pork industry and the retail sector. The 16-ounce bacon package is a victim of these new economic pressures.
