Birdwatch Note Rating
2024-01-17 11:38:01 UTC - HELPFUL
Rated by Participant: 00F8AE1115D13ED05E6D53BE440FEBFAA3ED2C88FFEB4C89DDFA471D7C783601
Participant Details
Original Note:
This is misleading. Wages appear to be increasing more than prices, but this is because inflation was at it's highest in Oct 22 since 1983 (ONS), and has since declined due to rate increases. According to the BBC, the UK is the slowest growing developed country in 2024. https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/june2023#:~:text=in%20October%202022.-,Our%20indicative%20modelled%20consumer%20price%20inflation%20estimates%20suggest%20that%20the,the%20lowest%20since%20March%202022 https://www.bbc.co.uk/news/business-52986863
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