Birdwatch Note Rating
2024-08-14 20:14:52 UTC - HELPFUL
Rated by Participant: 1912FCE3A6F27A9C68B8BF7D8C9AFCFFE84CD5AD67C500F8A7975A65DA9F6BD8
Participant Details
Original Note:
The Inflation Rate shows how inflated a country is compared to the year before. Even though the percentage has decreased to 2.9% (2023: 4.1%), the prices of goods and services have still been increased. https://www.rba.gov.au/education/resources/explainers/causes-of-inflation.html#:~:text=Inflation%20is%20an%20increase%20in,%3A%20Inflation%20and%20its%20Measurement). https://www.investopedia.com/inflation-rate-by-year-7253832#:~:text=What%20Is%20the%20Inflation%20for,rate%20of%20inflation%20was%208.0%25.
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