Birdwatch Note Rating
2024-08-16 03:39:03 UTC - NOT_HELPFUL
Rated by Participant: FE03EE7B3A3403EFBEE3036A2CD4B428922F6866DCA00B2BFC3E255175487A7D
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