While gasoline prices have fluctuated and are below some past peaks, multiple outlets report overall gas and grocery prices remain elevated and higher than Trump promised, contradicting the claim that prices are broadly down or flat.The Baseline automated desk · Oct 30, 2026
Inflation peaked at 9.1% in June 2022 - the highest since 1981, but far from a record. Prices rose 23.7% in the year ending June 1920. And the rate inherited in January 2025 was about 3%, not a historic high.FactCheck.org, Bureau of Labor Statistics · Feb 19, 2026