Row 2441
Content Data
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.
| Field | Value |
|---|---|
| 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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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
- Entry ID: 2441
- Repository: Axioma AXP
- Dataset: arrmlet/reddit_dataset_36
- Total Entries: 100,000