Birdwatch Note Rating
2023-07-14 00:33:10 UTC - NOT_HELPFUL
Rated by Participant: 1561A885FCA2C413D65A4A2D214B4B55C758B148950EAAE9890526EB07312732
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