Birdwatch Note Rating
2024-05-12 21:21:28 UTC - HELPFUL
Rated by Participant: BE8064D7A86170461547E60684A593DBE6105492D40D68CAA87FC90B49B0075A
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Original Note:
Coffee is still in the Consumer Price Index (CPI), as shown here (scroll down to see it): https://www.bls.gov/news.release/cpi.t02.htm The "average price index" in the tweet is a different statistic that is not used for calculating the CPI: https://www.bls.gov/cpi/factsheets/average-prices.htm. In fact, the inflation-adjusted price of coffee is lower than it was in 1980: https://www.usinflationcalculator.com/inflation/coffee-prices-by-year-and-adjust-for-inflation/
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