Birdwatch Note Rating
2024-01-09 00:01:42 UTC - HELPFUL
Rated by Participant: EECEA37C79C61EF649FE7B317E541ECDAF9ED42E41B267996652E31D4C9FFA16
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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