Birdwatch Note Rating
2023-12-05 22:42:19 UTC - HELPFUL
Rated by Participant: 2046C4EAC26DB266199BA13D4B17561BF02F2CD6E897BFD2C6672348CC974B79
Participant Details
Original Note:
The CPI inflation index is an average of price changes weighted by the amount people buy. Some will be outliers, especially cheap items which aren't weighted heavily. https://www.bls.gov/opub/hom/cpi/calculation.htm The CPI for all food (13% of the index) https://www.bls.gov/news.release/cpi.t01.htm increased by 25% over this time https://fred.stlouisfed.org/graph/?g=1ceVr (5% above the index as a whole). https://fred.stlouisfed.org/graph/?g=1ceYj
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