Birdwatch Note Rating
2024-05-26 18:40:45 UTC - HELPFUL
Rated by Participant: D3FD56DEEA5AFA6B4EC8C004EAAF68237A43BEE8714B9B8E5AF59079AE2963B9
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/
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