Birdwatch Note Rating
2023-07-18 01:35:01 UTC - HELPFUL
Rated by Participant: 841BC4221BCBA2E6C596C04FDE2A678635B54BE39F001C0C6D76476B1202C005
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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