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2024-08-15 10:40:13 UTC - HELPFUL

Rated by Participant: C4E2E23BB53AFE1A741E27384D5CA82993289A5E96704A1136BDEB036388D377
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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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