Birdwatch Note Rating
2024-08-15 23:24:01 UTC - HELPFUL
Rated by Participant: 0093453A5216C13C52FE196A1EF13AF3E1DF909434BA929EDBADC773455CA0C4
Participant Details
Original Note:
There is no notable price gouging in these industries. According to the most recent data available from NYU (January 2024,) the average net profit margin in the retail grocery and food industry was 1.18%. The recent food prices have been due to high labor prices, not profit. https://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/margin.html?nofollow=true
All Note Details