Birdwatch Note Rating
2024-08-15 23:52:25 UTC - NOT_HELPFUL
Rated by Participant: 67AED9EFED54254586C3B2AC7377C2365E51B00A4BBE6A942395E5EFA7E7C41A
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