Birdwatch Note Rating
2023-06-01 00:38:34 UTC - HELPFUL
Rated by Participant: E1889B8BDACDA81BE13FE36B13A66A9E3CF46AEAAFE312DED75697E0F8011006
Participant Details
Original Note:
The current annual inflation rate is 4.9%. While lower than last year’s peak, it still means prices are 4.9% higher than last year (costs are NOT lower). 4.9% is also unusually high compared to most years. https://www.bls.gov/news.release/cpi.nr0.htm https://www.usinflationcalculator.com/inflation/current-inflation-rates/ https://www.bls.gov/news.release/cpi.nr0.htm
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