Birdwatch Note Rating
2023-07-13 23:22:52 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 6FCC87CA8057EA52E49787AC9BB44A173850FADF7F796020BD3C1FD9E80220F0
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