Birdwatch Note Rating
2023-07-13 17:18:49 UTC - NOT_HELPFUL
Rated by Participant: 0DF8E53EA66FD25EBF8AFA180BE3D87891D0FAE1E31182C14E56B875F37E8B9C
Participant Details
Original Note:
It should be noted that the calculation of CPI was changed in February 2023. “According to the BLS, the changes removed biases that caused the CPI to overstate the inflation rate.” This change lowered the CPI shown here without a change to inflation. https://www.investopedia.com/articles/07/consumerpriceindex.asp#:~:text=index%20(COLI).-,Over%20the%20years%2C%20the%20methodology%20used%20to%20calculate%20the%20CPI,quality%20of%20goods%20and%20substitution.
All Note Details