Birdwatch Note Rating
2024-06-27 04:23:29 UTC - HELPFUL
Rated by Participant: 2236CBC32E6B1E1645116E35A6A0C26278C2A5783B13624530125D56FDD88B11
Participant Details
Original Note:
The actual increase to $414.39 is far higher than inflation, indicating that factors are at play. 2022 inflation rate: 8% 2023 inflation rate: 4.5% The cumulative inflation over these two years: 12.96% Therefore, the cost due to inflation should be approximately $143.10 https://www.bls.gov/opub/ted/2023/consumer-price-index-2022-in-review.htm https://www.bls.gov/opub/ted/2022/consumer-price-index-up-7-1-percent-over-the-year-ended-november-2022.htm https://www.bls.gov/opub/btn/volume-13/a-year-in-review-exploring-consumer-price-trends-in-2023.htm https://www.bls.gov/news.release/cpi.nr0.htm
All Note Details