Birdwatch Note Rating
2023-06-29 02:55:03 UTC - HELPFUL
Rated by Participant: 65C0A21333C0BB1CD2417EA0C53EE4353DB1C7CE409F2AA2C2550EA95724869B
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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