Birdwatch Note Rating
2024-01-18 02:49:06 UTC - NOT_HELPFUL
Rated by Participant: B230B42C143D6A41F9CAE5FB746497ABFEC38C21497C19E21D597609DDBBE982
Participant Details
Original Note:
Although supermarkets overall sales have increased, profits remain the same between 1-3%. Overhead costs to businesses have increased significantly which has had a flow on effect on food prices. https://www.quora.com/What-is-the-average-percentage-margin-that-supermarkets-have-on-their-products#:~:text=The%20profit%20made%20by%20a,to%203%25%20of%20sales%20revenue. https://www.eposnow.com/au/resources/what-are-the-average-grocery-store-profit-margins/ https://amp.smh.com.au/business/consumer-affairs/mixed-bag-how-the-price-of-your-grocery-basket-will-change-in-2023-20230106-p5caqq.html
All Note Details