Inflation stared me in the face when I bought a Subway Sandwich recently. The loaf of bread had shrunk by at least 20% from its usual size.
Also, have you observed Souplantation/Sweet Tomatoes has replaced plates with smaller ones in 2007? This may not be too bad, since many people were piling up and wasting. But inflation nonetheless.
Cereal boxes have shrunk from 18 Oz -> 16 Oz -> 13/14 Oz -> 12 Oz. I have even seen full size boxes with 10 Oz.