cheapflation

English

Etymology

Blend of cheap +‎ inflation. Coined in 2021.

Pronunciation

  • IPA(key): /tʃiːpˈflej.ʃən/
  • Audio (Southern England):(file)

Noun

cheapflation (uncountable)

  1. (economics, informal, neologism) 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.