Birdwatch Note Rating
2024-08-16 03:03:01 UTC - NOT_HELPFUL
Rated by Participant: FC9411EC417BAC7F3F0BB2211A2DCF4E4BC1737CD88EE3678DC66814F73A6707
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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