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Fact-check · Sep 9, 2026 · Donald Trump

“Food prices and almost every other item are rapidly going down”

FALSE
What the record shows
Iran's Statistical Center reported food inflation of 128% year-on-year in June-July 2026. Point-to-point inflation reached 87.9% overall in July 2026. Food prices have been rising sharply throughout 2026, with some staples doubling or tripling in price.
Sources
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False: “food prices and almost every other item are rapidly going down” · Vote Unbiased