Birdwatch Note Rating
2024-10-24 20:51:46 UTC - HELPFUL
Rated by Participant: FD52E99A0546D98CFFE2A98F80C34BDBD29B07F7B522CD82C4375FE2A29A04AC
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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