Monday, September 28, 2026Latest
Money

Trump’s inflation claims on grocery prices fall short of data

President Donald Trump claimed on Sunday that grocery prices have fallen since he took office, but seasonally adjusted CPI data show a 3.4% rise in grocery prices from January 2025 through August 2026. Overall consumer prices are up 4.8% over the same period, and his assertion that “everything” is going down is not supported by the figures.

Five of the six CPI categories for grocery products have risen: cereals and bakery products up 3.3%, meats, poultry, fish and eggs up 3%, fruits and vegetables up 4.6%, nonalcoholic beverages up 6.3%, and other food at home up 3%. Dairy and related products remained flat, and eggs are down 31.1% but are an outlier.

The year‑over‑year inflation rate was 3% in January 2025, 3.4% in July and August 2026, and has been above 3% each month since the Iran war began. Trump's claim that he inherited the worst inflation in history is not supported by the current data.

Read the full story at CNN.

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