Fact-check · Oct 14, 2026 · Donald Trump
“For the last three months, 1.7, 1.8%. Very low.”
FALSE
What the record shows
BLS reports monthly CPI increases of 0.1% (July), 0.4% (August), and 0.6% (September 2026, seasonally adjusted). Annual inflation was 3.4% in July-August and 3.7% in September.
The claimed figures of 1.7-1.8% do not correspond to published BLS monthly or annual inflation rates for the last three months.
This figure differs by region.
Sources
- US Inflation Rate (Monthly) - United States - Historical Da…
- United States Inflation Rate
- Inflation rose to 3.7% last month in last snapshot of consumer prices before the midterms
- CPI inflation report September 2026
- What is the current inflation rate in the US?
- Here's the inflation breakdown for September 2026 — in one chart
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