Birdwatch Note Rating
2024-10-24 21:39:23 UTC - HELPFUL
Rated by Participant: F4ABCFC7068D3D48DF1372231C3BC83733D5033F87FE9B48348AEC7B9A955257
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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