Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

progree

(13,064 posts)
2. "everyday goods are now up 2.4 percent from a year ago, " - sure Jan
Mon May 11, 2026, 07:55 PM
10 hrs ago

People do realize, I hope, that that's only a little above the Fed's 2.0% target. This is NOT a HOT HOT inflation report.

It does say at the bottom of the link https://www.numerator.com/inflation/
that it does NOT include gasoline. And that it is modelled somewhat after the PCE.

But the core PCE (which doesn't have energy nor food) went up 3.2% year-over-year in March, the latest,
and the regular "all items" PCE was up 3.5% year-over-year
and these are Krasnov's numbers, some people say (PCE numbers are produced by Commerce Department's BEA.gov)

CPI inflation report for April coming tomorrow (Tuesday)

and PPI for April (wholesale prices) coming out Wednesday.

Recommendations

1 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»New Data Shows Grocery Pr...»Reply #2