Inflation is shrinking Indian demand for low-value smartphones
![Inflation is shrinking Indian demand for low-value smartphones](https://i.kinja-img.com/image/upload/c_fill,h_900,q_60,w_1600/f4ea1e261fc342af8a5953847c7866de.jpg)
![](http://images.moneycontrol.com/static-mcnews/2022/06/Decoding-shrinkflation.jpg)
What is 'shrinkflation'?
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