Birdwatch Note Rating
2024-08-16 15:18:42 UTC - NOT_HELPFUL
Rated by Participant: BA3B5999F14BC658F5862D0F96FBC176BE86C3582B7659074AEB6549B426D6A0
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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