Birdwatch Note
2022-08-11 16:21:55 UTC - NOT_MISLEADING
Inflation is the rate of change in average prices. The recent CPI statistics said that prices were about the same in July 2022 as they were in June 2022, so inflation in July was 0%, but 8.5% higher in July 2022 than in July 2021 because there was inflation in previous months. https://www.bls.gov/cpi/latest-numbers.htm
Written by 4D971DD119DA920463DF54524736E0A6
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Original Tweet
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All Information
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- classification - NOT_MISLEADING
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- summary
- Inflation is the rate of change in average prices. The recent CPI statistics said that prices were about the same in July 2022 as they were in June 2022, so inflation in July was 0%, but 8.5% higher in July 2022 than in July 2021 because there was inflation in previous months. https://www.bls.gov/cpi/latest-numbers.htm
Note Status History
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2022-08-11 16:21:55 UTC (1660234915576) |
1969-12-31 23:59:59 UTC (-1) |
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2022-08-11 16:21:55 UTC (1660234915576) |
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