Birdwatch Note Rating
2024-08-16 01:56:29 UTC - NOT_HELPFUL
Rated by Participant: E2F55A0550E13A97B20DF8B96EA2428E881F3A2D95C9EDC129FC707CAD68834F
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