Birdwatch Note Rating
2024-08-17 04:36:40 UTC - HELPFUL
Rated by Participant: F1477B12BBD0AD2A6F30DBDE58FDD3023B7DB0980E2D80B9FA44F54E97AD23FE
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