Birdwatch Note Rating
2024-01-08 20:22:01 UTC - HELPFUL
Rated by Participant: 7804D68A4FD74EA8AFDA2A9DA87D6C56A4CD775F0143424C06F5EEA32D593458
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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