Birdwatch Note Rating
2024-05-28 11:52:09 UTC - NOT_HELPFUL
Rated by Participant: 345E5F7B3E9078CACE79ED89E154DCECB18E6184E769562B03C0C25F9124265D
Participant Details
Original Note:
The price of beef -one McDonald’s main selling items- has risen approx 35% from Feb 20 to Feb 24, which is substantially higher than the overall inflation rate of approx 20% since 2020. McDonald’s raises prices according to the cost of goods sold, not overall inflation. https://fred.stlouisfed.org/series/APU0000703112 https://www.usinflationcalculator.com/inflation/current-inflation-rates/
All Note Details