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Fact-check · Sep 30, 2026 · Donald Trump

“The Democrats caused the highest prices in history”

FALSE
What the record shows
UK CPI peaked at 11.1% in October 2022 (highest since 1981). Historical peaks: 29% post-Napoleonic Wars, 25% WWI, 24% in 1970s. August 2026 rate: 3.1%.
Sources
▶ Watch the broadcast
From: President Trump Makes an Announcement with the Secretary of Commerce

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