Birdwatch Note Rating
2023-07-25 19:12:45 UTC - HELPFUL
Rated by Participant: CD5C7DB25BBBD0D897E51AFAB589455DA6B581693A1CB8D507139676D6F6F0A7
Participant Details
Original Note:
Inflation is at 3%, meaning it rose 3% since last year. It rose slowly than previous month (4%) but it continues to grow. It's not down. Prices going down is called "deflation". https://www.investopedia.com/terms/d/deflation.asp https://www.statista.com/statistics/273418/unadjusted-monthly-inflation-rate-in-the-us/ The Consumer Price Index is still going up 0.2% in June. https://www.bls.gov/cpi/
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