Trump's Inflation Claims at Odds with Government Statistics
TL;DR
President Trump's claims of economic progress conflict with government data showing inflation remains at 3%, unchanged since he took office. Americans report higher prices for essentials like groceries and electricity.
President Trump's claims about progress under his watch are at odds with his government's own statistics and the experience of price-squeezed Americans. Inflation numbers are about where they were when he took office, despite his claim of rapid progress. The consumer price index was 3% in September, the same rate as in January, and Americans have noticed higher prices for groceries, electricity, and holiday gifts. Biden-era inflation peaked at 9.1% in June 2022, but Americans have experienced worse and more sustained inflation in the past.
