Birdwatch Note Rating
2023-07-13 17:55:21 UTC - NOT_HELPFUL
Rated by Participant: 91D427D7A0942D9660CEB81863244BB06C4D94A470D37BFB8C9BD926E7EEB30C
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