Birdwatch Note Rating
2024-08-15 23:36:26 UTC - HELPFUL
Rated by Participant: 649C140BAEEFC1394DB30BED95EABD01F92D4BF85E675E2A1FE7FF4DA810AF33
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