Birdwatch Note Rating
2023-07-13 16:22:27 UTC - NOT_HELPFUL
Rated by Participant: F2BCC6C60FDD8CAF901E652FE6D8157DD3BDAD65F623A366EF63DED890F487D5
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