Birdwatch Note Rating
2023-07-23 10:44:47 UTC - HELPFUL
Rated by Participant: 9BF673E34113E12ECA0CA650E0D50AB42CB3EBBE6070AE4383C55F0C4CCE284E
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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