Birdwatch Note Rating
2023-10-13 02:47:32 UTC - HELPFUL
Rated by Participant: FFFC96EA01898683798DC0ABEF65CCAAE72A4F29D7CD3E96851316E3AE09FF2F
Participant Details
Original Note:
While this might be cotroversial take, it is true that inflation is at 2% if you exclude just one item: Shelter. It has a big weight in the indices especially in core services part. Shelter is a lagging inflation indicator because of it price dynamic. https://www.morningstar.com/news/marketwatch/20230812263/housing-prices-were-a-big-driver-of-inflation-now-some-economists-see-a-slowdown
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