Donald Trump says grocery, energy prices are down. In reality, it’s a mixed bag for consumers.
One of the biggest talking points of Donald Trump’s 2024 presidential campaign was to reverse the high inflation that peaked in 2022 under former President Joe Biden. Trump promised to reduce prices for groceries, cars and other consumer items.
Trump took a victory lap on prices during an Aug. 26 Cabinet meeting, calling out a few categories.
“Groceries are down. Energy is way down,” Trump said. “Was $4 and $5 for a gallon of gas.”
We looked at official government data and found that the cost of some grocery and energy products have gone down, but many have seen increases.
The White House did not respond to an inquiry for this article.
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