Birdwatch Note Rating
2023-06-29 11:30:34 UTC - HELPFUL
Rated by Participant: 65E7B196BEFCA4A0C10BB7C3273A94C83DE186D4C3FF2E2E78911553F5EA187A
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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