BAKERSFIELD, Calif. (KBAK/KBFX) — New reports from the commerce department show inflation is on the rise, hitting a three year high.
As costs rise, many consumers are noticing package sizes are getting smaller for some of the most popular items at the grocery store.
A new analysis from Investors Observer tracked prices and package sizes from 2020 to 2026 and shows that consumers are paying more money for less product.
Financial Analyst Sam Bourgi joined ARC Bakersfield to share insight into this trend.