Row 2441

Row ID: 2441 | Dataset Entry | Axioma AXP Content Repository

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This page contains data entry 2441 from the Axioma AXP content repository. The structured data below represents the complete record for this entry.

>An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank’s fight against higher prices is making progress The personal consumption expenditures price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain from the Dow Jones consensus of economists, the Commerce Department reported Friday. On a 12-month basis, the annual increase for core PCE was 3.9%, matching the forecast.

Well that’s just great but it feels like inflation is out of this world. I literally just went to the grocery store and bought 5 apples, 5 pears, 4 tomatoes, and 7 bananas and it cost me $24. None that was expensive organic either. That’s like maybe 2500 calories worth of food so a little over a day worth of food for an adult. Eating that for a month (assuming 2000 calories per day) would cost me about $600 which is insane as 2 years ago I‘d live off of less than half of that amount.

FieldValue
text >An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank’s fight against higher prices is making progress The personal consumption expenditures price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain from the Dow Jones consensus of economists, the Commerce Department reported Friday. On a 12-month basis, the annual increase for core PCE was 3.9%, matching the forecast. …
label r/financenews
dataType comment
communityName r/FinanceNews
datetime 2023-10-02
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url_encoded Z0FBQUFBQm5Lak9FOGs0dWFHQnc2Y0xyaDFwM25VT0FHRVhaNWMzYmpQNmI4Qi1NbVlpVjZYOHItcGhvTGk1RVJITlROU1h3c1k3VnpFRkFKZjlsYWhLYTlMYnFPVW1yb19mb09rclpISjZvVWRmOUhNdXZxNkxXeEEyM00zUmUtRHJ6Rk1KZmJfQ2l6QzZfV3U5RW5TMHg0RUdQUDYtRmkwZW56NmkwVHE3djIyN0NKNUpEVF91NjNVWVFJcGV1REF3ZGpjd3owb2JzdDdrNGZOWnNwcGlRZWpic3d2cGVDdz09

Raw Record

{
  "text": ">An economic indicator the Federal Reserve favors as an inflation gauge rose less than expected in August, showing that the central bank’s fight against higher prices is making progress  \nThe personal consumption expenditures price index excluding food and energy increased 0.1% for the month, lower than the expected 0.2% gain from the Dow Jones consensus of economists, the Commerce Department reported Friday. On a 12-month basis, the annual increase for core PCE was 3.9%, matching the forecast.\n\nWell that’s just great but it feels like inflation is out of this world.  I literally just went to the grocery store and bought 5 apples, 5 pears, 4 tomatoes, and 7 bananas and it cost me $24.  None that was expensive organic either.  That’s like maybe 2500 calories worth of food so a little over a day worth of food for an adult.  Eating that for a month (assuming 2000 calories per day) would cost me about $600 which is insane as 2 years ago I‘d live off of less than half of that amount.",
  "label": "r/financenews",
  "dataType": "comment",
  "communityName": "r/FinanceNews",
  "datetime": "2023-10-02",
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}

Entry Information