Birdwatch Note Rating
2023-07-18 15:39:00 UTC - HELPFUL
Rated by Participant: 1937ACC7382DCFEDBD359781A1B3978C5F12225D4AF1A6228B40F6B010CD6960
Participant Details
Original Note:
This tweet is misleading. July's consumer price index report is not yet released meaning 3% inflation refers to June 2023. 3% inflation also means a 3% cost increase since June 2022, following a 9.1% rise from 2021-22. 'lower costs' implies deflation which has not occurred. https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/
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