Birdwatch Note Rating
2024-08-14 16:17:07 UTC - HELPFUL
Rated by Participant: 9CB894DC6EC2A01AD8964A3F86852DA1EEB7541BAF14F142B419A590C5088BD2
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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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