Birdwatch Note Rating
2024-08-16 00:35:44 UTC - HELPFUL
Rated by Participant: 054C3D0D58C4F9BBE3557FC5D2A875BB4D3D64A72D0EC756A49CB4F02067CF52
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