Birdwatch Note Rating
2024-08-16 04:26:34 UTC - NOT_HELPFUL
Rated by Participant: A4F717AA6040BEA5D21BB3F2145D165B5640B5233F6CEB2E78F339676C963CC2
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
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