Birdwatch Note Rating
2024-04-17 10:09:24 UTC - SOMEWHAT_HELPFUL
Rated by Participant: 0C42C61381A2389BA754C66A5E48D3BF2BDF15CF47BEDC132DAA04926732DFE1
Participant Details
Original Note:
The BoEMPC are responsible for setting the rate of inflation. https://www.bankofengland.co.uk/about/people/monetary-policy-committee The rate that's currently being compared in this diagram, is a post covid inflationary rate. Inflation is still higher than 2019-20. https://www.statista.com/statistics/270384/inflation-rate-in-the-united-kingdom/ https://www.ons.gov.uk/economy/inflationandpriceindices Inflation actually slowed LESS than expected. https://www.independent.co.uk/news/uk/home-news/inflation-uk-rate-update-today-cpi-march-b2529173.html Prices will still increase.
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