Birdwatch Note Rating
2024-08-15 04:18:35 UTC - HELPFUL
Rated by Participant: 0D4BB056C4468935BD03F985E45BDE7AE7D01402A941E470688F9442D1CE8475
Participant Details
Original Note:
NNN, the post is factual. The 2.9% is the measure of the CPI for July 2024 compared to July '23 & indicates how much prices have risen over 12 months. A negative year over year percentage would imply deflation, meaning aggregate prices are falling. https://www.brookings.edu/articles/how-does-the-government-measure-inflation/
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