What did Donald Trump claim about the economy on 30 Jul 2025?
Donald Trump, President of the United States ·
So I just want everyone to know: Prices are way down, and that's a big thing. Groceries, everything.
Prices were not way down. Consumer prices rose 2.7 percent over the year to June 2025 and grocery prices rose 2.4 percent. Gasoline, down 8.3 percent, was the exception.
Two weeks earlier the Bureau of Labor Statistics reported that consumer prices rose 0.3 percent in June 2025 and 2.7 percent over 12 months, and that the food at home (grocery) index rose 0.3 percent in June and 2.4 percent over 12 months. The gasoline index was the exception among the items he named, down 8.3 percent over 12 months (BLS, CPI for June 2025).
Claim vs. the record · Economy
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The claim
- Date
- Where
- Remarks on signing the VA Home Loan Program Reform Act and an exchange with reporters at the White House.
The record
Primary source (agency data)