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2024-08-15 01:00:53 UTC - HELPFUL

Rated by Participant: 127C3AC6C7C85ADF29E04D95296BF594CD027A79222065AE54B4A3B656849570
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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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