Birdwatch Note Rating
2024-10-25 01:33:54 UTC - HELPFUL
Rated by Participant: 78C99CEB4E3F3983747BF52F4CBF12F0D7A2B2C9DE029B8D46EBF8F889E70AF2
Participant Details
Original Note:
The Grocery Industry profit margins range from ~1 to 3% are have decreased since 2020. https://www.grocerydive.com/news/grocery-industry-profit-margins-fall-to-pre-pandemic-levels-fmi/720517/ The primary driver of prices at the grocery store is inflation. https://www.bls.gov/opub/ted/2024/consumer-prices-up-2-4-percent-from-september-2023-to-september-2024.htm
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