Birdwatch Note Rating
2024-01-09 02:59:58 UTC - HELPFUL
Rated by Participant: 56D93029285371BBE9ED329D1F8B7A82858290709FCA5036C8C47CEE6E1B89BF
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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