Birdwatch Note Rating
2023-07-13 16:17:02 UTC - NOT_HELPFUL
Rated by Participant: 70046CD105E1A4918E3CAE0CDB70D33967E020A2FD05DD66B59270F0A3E0D605
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