Birdwatch Note Rating
2023-06-29 12:28:51 UTC - HELPFUL
Rated by Participant: 14205A036C9E24EC448DD3BBE268CE2A2E9276BEBC2A871868CD336BD864D093
Participant Details
Original Note:
The government’s “cost” measure is the Consumer Price Index. It must be negative for costs to be lowering. It is currently 4% (costs are 4% higher than 12 months ago), which is the lowest it has been in over two years. https://www.bls.gov/news.release/cpi.nr0.htm https://www.usinflationcalculator.com/inflation/current-inflation-rates/
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